Straumann (OTCMKTS:SAUHY) Shares Gap Up – Here’s What Happened

Straumann Holding AG (OTCMKTS:SAUHY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $11.50, but opened at $11.99. Straumann shares last traded at $12.02, with a volume of 19,757 shares.

Analysts Set New Price Targets

Several equities analysts have weighed in on SAUHY shares. The Goldman Sachs Group cut shares of Straumann from a “strong-buy” rating to a “neutral” rating in a research report on Monday, October 13th. Deutsche Bank Aktiengesellschaft upgraded Straumann from a “hold” rating to a “buy” rating in a report on Friday, October 31st. UBS Group raised Straumann from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 4th. Finally, Citigroup restated a “sell” rating on shares of Straumann in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Straumann Trading Down 0.3%

The business has a 50-day moving average of $11.66 and a 200-day moving average of $12.13.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.