Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Up – Here’s What Happened

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $14.46, but opened at $15.2040. Sonic Healthcare shares last traded at $15.2040, with a volume of 12,680 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Sonic Healthcare to a “hold” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Sonic Healthcare Trading Up 0.3%

The company’s 50-day moving average price is $13.89 and its 200-day moving average price is $14.75.

Sonic Healthcare Company Profile

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.