Ramsay Health Care (OTCMKTS:RMYHY) Sets New 12-Month Low – What’s Next?

Ramsay Health Care Limited (OTCMKTS:RMYHY)’s stock price reached a new 52-week low on Friday . The stock traded as low as $4.84 and last traded at $4.84, with a volume of 453 shares trading hands. The stock had previously closed at $5.34.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut Ramsay Health Care from a “moderate buy” rating to a “hold” rating in a research report on Friday, March 14th.

Ramsay Health Care Stock Down 9.5 %

The stock has a 50 day moving average price of $5.34 and a 200 day moving average price of $6.05.

Ramsay Health Care Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 10th will be paid a $0.063 dividend. The ex-dividend date is Monday, March 10th. This is an increase from Ramsay Health Care’s previous dividend of $0.05.

Ramsay Health Care Company Profile

Ramsay Health Care Limited owns and operates hospitals. The company offers health care services to public and private patients. It operates facilities in approximately 530 locations in the Asia Pacific, the United Kingdom, France, and Nordics. Ramsay Health Care Limited was founded in 1964 and is based in Sydney, Australia.