Sonic Healthcare (OTCMKTS:SKHHY) Shares Pass Below 200 Day Moving Average – Should You Sell?

Sonic Healthcare Limited (OTCMKTS:SKHHYGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.88 and traded as low as $16.93. Sonic Healthcare shares last traded at $17.16, with a volume of 34,872 shares.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised shares of Sonic Healthcare to a “hold” rating in a research note on Monday, August 26th.

Get Our Latest Analysis on SKHHY

Sonic Healthcare Trading Down 4.0 %

The business has a 50 day simple moving average of $17.93 and a two-hundred day simple moving average of $17.88.

About Sonic Healthcare

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Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.

Further Reading

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