Straumann (OTCMKTS:SAUHY) Shares Gap Up – Here’s What Happened

Straumann Holding AG (OTCMKTS:SAUHY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $11.71, but opened at $12.90. Straumann shares last traded at $13.0380, with a volume of 7,788 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Morgan Stanley reissued an “underweight” rating on shares of Straumann in a research note on Tuesday, April 14th. Citigroup reaffirmed a “sell” rating on shares of Straumann in a research note on Thursday, April 23rd. Finally, Barclays reissued an “overweight” rating on shares of Straumann in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Straumann currently has an average rating of “Hold”.

Straumann Trading Up 3.0%

The business has a fifty day moving average of $11.31 and a 200 day moving average of $11.49.

About Straumann

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.