Sonic Healthcare (OTCMKTS:SKHHY) Reaches New 52-Week Low – Here’s What Happened

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY)’s stock price reached a new 52-week low during trading on Wednesday. The stock traded as low as $12.7480 and last traded at $12.7480, with a volume of 2082 shares traded. The stock had previously closed at $12.8650.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Sonic Healthcare Stock Down 0.1%

The business’s 50-day moving average is $14.41 and its two-hundred day moving average is $14.23.

Sonic Healthcare Company Profile

Sonic Healthcare Limited is an Australia-based healthcare company that provides medical diagnostic services. Its principal business is laboratory medicine, including clinical pathology, anatomical pathology, genetics, and other testing services used by physicians, hospitals, and other healthcare providers. The company also offers medical imaging and related diagnostic services in selected markets.

Founded in 1987 and headquartered in Sydney, Sonic Healthcare has expanded from its Australian pathology operations into an international healthcare group.