Ramsay Health Care (OTCMKTS:RMYHY) Shares Gap Up – Here’s What Happened

Ramsay Health Care Ltd. Unsponsored ADR (OTCMKTS:RMYHY) shares gapped up before the market opened on Friday . The stock had previously closed at $8.91, but opened at $9.27. Ramsay Health Care shares last traded at $9.27, with a volume of 162 shares changing hands.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Ramsay Health Care from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ramsay Health Care presently has an average rating of “Hold”.

Ramsay Health Care Stock Performance

The company has a 50 day simple moving average of $7.91 and a 200 day simple moving average of $7.33.

Ramsay Health Care Company Profile

Ramsay Health Care Limited is an Australian private healthcare provider that owns and operates hospitals, day-surgery facilities and other healthcare services. Its activities include acute medical and surgical care, rehabilitation, mental health services, specialist clinics and related outpatient services.

The company was founded in 1964 by Australian entrepreneur Paul Ramsay and has grown from a single hospital into an international healthcare group. Ramsay Health Care serves patients primarily in Australia, the United Kingdom and France, including through its investment in Ramsay Santé, a European hospital operator.