Sonic Healthcare (OTCMKTS:SKHHY) Stock Crosses Below 200-Day Moving Average – What’s Next?

Sonic Healthcare Limited (OTCMKTS:SKHHY) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.61 and traded as low as $15.80. Sonic Healthcare shares last traded at $16.33, with a volume of 24,091 shares traded.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley set a $28.10 price target on Sonic Healthcare in a research note on Wednesday, March 19th.

Sonic Healthcare Trading Up 0.2 %

The stock has a 50-day moving average price of $17.23 and a 200 day moving average price of $17.61.

Sonic Healthcare Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 6th were issued a dividend of $0.2816 per share. The ex-dividend date of this dividend was Thursday, March 6th.

About Sonic Healthcare

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.