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Sonic Healthcare (OTCMKTS:SKHHY) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

Sonic Healthcare logo with Medical background

Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.70 and traded as low as $17.69. Sonic Healthcare shares last traded at $18.27, with a volume of 10,610 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised shares of Sonic Healthcare to a "hold" rating in a research note on Monday, August 26th.

Read Our Latest Stock Analysis on Sonic Healthcare

Sonic Healthcare Stock Performance

The stock's 50-day moving average is $18.38 and its 200-day moving average is $17.70.

Sonic Healthcare Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 5th were paid a $0.3843 dividend. This is a positive change from Sonic Healthcare's previous dividend of $0.25. The ex-dividend date was Thursday, September 5th.

About Sonic Healthcare

(Get Free Report)

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.

Further Reading

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