Sonic Healthcare (OTCMKTS:SKHHY) Shares Cross Below 200-Day Moving Average – Should You Sell?

Sonic Healthcare Limited (OTCMKTS:SKHHY)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.70 and traded as low as $17.69. Sonic Healthcare shares last traded at $18.27, with a volume of 10,610 shares.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded Sonic Healthcare to a “hold” rating in a research note on Monday, August 26th.

Sonic Healthcare Trading Down 0.2 %

The firm has a fifty day simple moving average of $18.38 and a 200 day simple moving average of $17.70.

Sonic Healthcare Increases Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 5th were issued a $0.3843 dividend. The ex-dividend date was Thursday, September 5th. This is an increase from Sonic Healthcare’s previous dividend of $0.25.

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.