Sonic Healthcare (OTCMKTS:SKHHY) Sets New 52-Week Low – What’s Next?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $12.7480 and last traded at $12.7480, with a volume of 2082 shares trading hands. The stock had previously closed at $12.8650.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Sonic Healthcare from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

View Our Latest Report on SKHHY

Sonic Healthcare Stock Down 0.1%

The business’s 50 day moving average price is $14.41 and its 200-day moving average price is $14.23.

Sonic Healthcare Company Profile

(Get Free Report)

Sonic Healthcare Limited is an Australia-based healthcare company that provides medical diagnostic services. Its principal business is laboratory medicine, including clinical pathology, anatomical pathology, genetics, and other testing services used by physicians, hospitals, and other healthcare providers. The company also offers medical imaging and related diagnostic services in selected markets.

Founded in 1987 and headquartered in Sydney, Sonic Healthcare has expanded from its Australian pathology operations into an international healthcare group.

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