Shares of Straumann Holding AG (OTCMKTS:SAUHY – Get Free Report) saw unusually-high trading volume on Wednesday. Approximately 632,160 shares were traded during trading, an increase of 312% from the average daily volume of 153,473 shares. The stock last traded at $13.18 and had previously closed at $12.22.
Analyst Upgrades and Downgrades
SAUHY has been the topic of several analyst reports. UBS Group upgraded shares of Straumann from a “neutral” rating to a “buy” rating in a report on Tuesday, September 1st. Citigroup reiterated a “sell” rating on shares of Straumann in a research note on Wednesday, October 21st. The Goldman Sachs Group raised Straumann from a “neutral” rating to a “buy” rating in a report on Monday, September 14th. Deutsche Bank Aktiengesellschaft lowered shares of Straumann from a “buy” rating to a “hold” rating in a report on Friday, August 21st. Finally, BMO Capital Markets began coverage on Straumann in a report on Wednesday, July 8th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Get Our Latest Report on Straumann
Straumann Trading Up 8.1%
The firm’s fifty day simple moving average is $11.45 and its 200 day simple moving average is $11.66.
About Straumann
Straumann Group is a Switzerland-based dental technology company headquartered in Basel. Founded in 1954, the company develops, manufactures and distributes products used in tooth replacement, restorative dentistry and oral tissue regeneration. Its offerings are designed for dental professionals, laboratories and patients across a range of clinical applications.
The company’s portfolio includes dental implants, implant-supported prosthetics, biomaterials for bone and tissue regeneration, orthodontic aligners and digital dentistry solutions.
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