Straumann (OTCMKTS:SAUHY) Upgraded by Wells Fargo & Company to Strong-Buy Rating

Wells Fargo & Company upgraded shares of Straumann (OTCMKTS:SAUHY) to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

Separately, William Blair upgraded Straumann to a “strong-buy” rating in a research report on Friday, January 24th.

Straumann Price Performance

Shares of SAUHY traded up $0.17 during mid-day trading on Wednesday, reaching $11.76. The company’s stock had a trading volume of 219,545 shares, compared to its average volume of 79,136. Straumann has a 1 year low of $10.30 and a 1 year high of $16.90. The business has a fifty day moving average of $12.98 and a 200 day moving average of $13.44.

Straumann Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a $0.0291 dividend. This is an increase from Straumann’s previous dividend of $0.03. The ex-dividend date is Tuesday, April 15th.

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.