Straumann (OTCMKTS:SAUHY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Straumann Holding AG (OTCMKTS:SAUHY) saw unusually-strong trading volume on Wednesday . Approximately 893,521 shares traded hands during trading, an increase of 812% from the previous session’s volume of 97,980 shares.The stock last traded at $11.9150 and had previously closed at $11.74.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Straumann from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Morgan Stanley reissued an “underweight” rating on shares of Straumann in a report on Monday, December 15th. UBS Group upgraded Straumann from a “sell” rating to a “neutral” rating in a report on Tuesday, November 4th. Finally, Citigroup reaffirmed a “sell” rating on shares of Straumann in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Straumann Price Performance

The business has a 50 day moving average price of $12.19 and a 200 day moving average price of $11.81.

Straumann Company Profile

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.