Straumann Holding AG (OTCMKTS:SAUHY – Get Free Report) shares saw unusually-strong trading volume on Wednesday. Approximately 632,160 shares traded hands during mid-day trading, an increase of 312% from the average daily volume of 153,473 shares. The stock last traded at $13.18 and had previously closed at $12.22.
Wall Street Analyst Weigh In
Several analysts have commented on the company. BMO Capital Markets initiated coverage on Straumann in a report on Wednesday, July 8th. They issued an “outperform” rating for the company. UBS Group upgraded Straumann from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft cut Straumann from a “buy” rating to a “hold” rating in a research note on Friday, August 21st. Berenberg Bank upgraded shares of Straumann to a “strong-buy” rating in a report on Thursday, September 17th. Finally, The Goldman Sachs Group raised Straumann from a “neutral” rating to a “buy” rating in a report on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on SAUHY
Straumann Price Performance
About Straumann
Straumann Group is a Switzerland-based dental technology company headquartered in Basel. Founded in 1954, the company develops, manufactures and distributes products used in tooth replacement, restorative dentistry and oral tissue regeneration. Its offerings are designed for dental professionals, laboratories and patients across a range of clinical applications.
The company’s portfolio includes dental implants, implant-supported prosthetics, biomaterials for bone and tissue regeneration, orthodontic aligners and digital dentistry solutions.
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