Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 400 shares, a decrease of 96.9% from the February 28th total of 12,800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 107,900 shares, the days-to-cover ratio is presently 0.0 days.
Separately, Morgan Stanley set a $28.10 price objective on Sonic Healthcare in a report on Wednesday, March 19th.
View Our Latest Stock Analysis on SKHHY
Shares of SKHHY traded down $0.08 during mid-day trading on Wednesday, reaching $16.12. The company's stock had a trading volume of 48,355 shares, compared to its average volume of 41,906. Sonic Healthcare has a 52 week low of $15.24 and a 52 week high of $20.59. The company's fifty day moving average price is $17.36 and its two-hundred day moving average price is $17.68.
The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 6th will be paid a $0.2816 dividend. The ex-dividend date is Thursday, March 6th.
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.
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