Sonic Healthcare (OTCMKTS:SKHHY) Shares Pass Below 200 Day Moving Average – Here’s Why

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.29 and traded as low as $13.8150. Sonic Healthcare shares last traded at $14.10, with a volume of 125,328 shares trading hands.

Sonic Healthcare Price 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 company has a fifty day simple moving average of $14.23 and a 200-day simple moving average of $16.29.

Sonic Healthcare Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were given a dividend of $0.3643 per share. This represents a yield of 391.0%. The ex-dividend date was 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.