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

Royal Bank of Canada upgraded shares of Sonic Healthcare (OTCMKTS:SKHHY) to a hold rating in a research report released on Monday morning, Zacks.com reports.

Sonic Healthcare Stock Down 2.4 %

Shares of SKHHY opened at $18.64 on Monday. The stock’s fifty day simple moving average is $17.85 and its 200 day simple moving average is $17.93. Sonic Healthcare has a twelve month low of $15.24 and a twelve month high of $22.40. The company has a quick ratio of 0.84, a current ratio of 0.94 and a debt-to-equity ratio of 0.40.

Sonic Healthcare Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 5th will be paid a $0.3843 dividend. This is a positive change from Sonic Healthcare’s previous dividend of $0.25. The ex-dividend date of this dividend is Thursday, September 5th.

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.