Sonic Healthcare (OTCMKTS:SKHHY) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.47 and traded as high as $15.44. Sonic Healthcare shares last traded at $15.00, with a volume of 75,916 shares changing hands.

Sonic Healthcare Trading Up 0.5%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.07 and a current ratio of 1.17. The stock’s 50-day moving average is $14.49 and its 200-day moving average is $15.90.

Sonic Healthcare Company Profile

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.