Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down – Here’s What Happened

Shares of Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) gapped down before the market opened on Tuesday . The stock had previously closed at $13.80, but opened at $13.24. Sonic Healthcare shares last traded at $13.3150, with a volume of 1,128 shares changing hands.

Analyst Ratings Changes

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

Sonic Healthcare Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.90 and a debt-to-equity ratio of 0.59. The business has a 50-day moving average of $14.81 and a 200-day moving average of $14.41.

About Sonic Healthcare

Sonic Healthcare Limited is an Australian healthcare company that provides medical diagnostic services. Its principal activities include laboratory medicine, pathology and diagnostic imaging, supporting physicians, hospitals and other healthcare providers with testing and clinical information used in the diagnosis and management of disease.

The company operates laboratories, collection centers and related diagnostic facilities, offering services such as clinical pathology, anatomical pathology, molecular testing, genetics and other specialized laboratory investigations.