Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 9,700 shares, an increase of 16.9% from the October 15th total of 8,300 shares. Based on an average daily volume of 44,400 shares, the short-interest ratio is presently 0.2 days.
Analysts Set New Price Targets
Separately, Royal Bank of Canada upgraded Sonic Healthcare to a "hold" rating in a report on Monday, August 26th.
Check Out Our Latest Report on SKHHY
Sonic Healthcare Price Performance
Shares of SKHHY traded down $0.41 on Friday, hitting $16.54. The company's stock had a trading volume of 122,598 shares, compared to its average volume of 30,948. The firm's fifty day moving average price is $18.02 and its 200-day moving average price is $17.72. Sonic Healthcare has a fifty-two week low of $15.24 and a fifty-two week high of $22.40.
Sonic Healthcare Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 5th were given a $0.3843 dividend. This is a boost 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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