Ramsay Health Care (OTCMKTS:RMYHY) Hits New 12-Month High – Here’s Why

Ramsay Health Care Ltd. Unsponsored ADR (OTCMKTS:RMYHYGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $6.24 and last traded at $6.24, with a volume of 1142 shares trading hands. The stock had previously closed at $5.63.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised shares of Ramsay Health Care to a “hold” rating in a report on Monday, October 6th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Ramsay Health Care has a consensus rating of “Hold”.

Read Our Latest Report on Ramsay Health Care

Ramsay Health Care Price Performance

The firm’s fifty day moving average is $5.20 and its 200-day moving average is $5.55.

Ramsay Health Care Company Profile

(Get Free Report)

Ramsay Health Care is a leading global hospital and healthcare services provider headquartered in Sydney, Australia. Founded in 1964 by Paul Ramsay, the company has grown from a single private hospital to one of the world’s largest operators of private acute care facilities. Over the decades, Ramsay has expanded its capabilities to include a diverse portfolio of medical services, including surgical procedures, diagnostic imaging, rehabilitation therapies, subacute care and mental health programs.

The company’s core business revolves around the ownership, management and operation of acute care hospitals, medical centres and day surgery facilities.

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