Straumann (OTCMKTS:SAUHY) Shares Gap Down – Time to Sell?

Straumann Holding AG (OTCMKTS:SAUHY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $11.69, but opened at $11.11. Straumann shares last traded at $11.1935, with a volume of 3,148 shares changing hands.

Analyst Ratings Changes

SAUHY has been the topic of several research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Straumann in a research note on Tuesday, April 14th. Citigroup reaffirmed a “sell” rating on shares of Straumann in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

Straumann Stock Performance

The firm has a 50 day moving average price of $11.05 and a 200-day moving average price of $11.58.

About Straumann

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.