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Sonic Healthcare (OTCMKTS:SKHHY) Hits New 52-Week Low - What's Next?

Sonic Healthcare logo with Medical background

Shares of Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $14.47 and last traded at $14.73, with a volume of 113624 shares trading hands. The stock had previously closed at $15.62.

Analyst Ratings Changes

SKHHY has been the subject of a number of recent analyst reports. Morgan Stanley set a $28.10 price objective on shares of Sonic Healthcare in a research note on Wednesday, March 19th. The Goldman Sachs Group raised Sonic Healthcare to a "strong-buy" rating in a research report on Friday, April 4th.

View Our Latest Research Report on Sonic Healthcare

Sonic Healthcare Price Performance

The business's 50-day simple moving average is $16.84 and its 200-day simple moving average is $17.45.

Sonic Healthcare Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 6th were given a dividend of $0.2816 per share. The ex-dividend date was Thursday, March 6th.

Sonic Healthcare Company Profile

(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.

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