Sonic Healthcare (OTCMKTS:SKHHY) Sees Unusually-High Trading Volume – Still a Buy?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) shares saw an uptick in trading volume on Monday . 169,669 shares changed hands during mid-day trading, an increase of 105% from the previous session’s volume of 82,616 shares.The stock last traded at $13.92 and had previously closed at $13.92.

Sonic Healthcare Stock Performance

The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.56. The stock’s fifty day moving average price is $16.56 and its 200-day moving average price is $16.76.

Sonic Healthcare Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be issued a dividend of $0.3643 per share. This represents a yield of 391.0%. The ex-dividend date is Thursday, September 4th.

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.