Royal Bank of Canada Upgrades Sonic Healthcare (OTCMKTS:SKHHY) to “Hold”

Sonic Healthcare (OTCMKTS:SKHHY) was upgraded by equities researchers at Royal Bank of Canada to a “hold” rating in a research report issued to clients and investors on Monday, Zacks.com reports.

Sonic Healthcare Stock Down 2.4 %

Shares of Sonic Healthcare stock opened at $18.64 on Monday. Sonic Healthcare has a one year low of $15.24 and a one year high of $22.40. The business has a 50-day simple moving average of $17.85 and a 200-day simple moving average of $17.93. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.94 and a quick ratio of 0.84.

Sonic Healthcare Company Profile

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.