Sonic Healthcare (OTCMKTS:SKHHY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Sonic Healthcare Limited (OTCMKTS:SKHHY)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $17.76 and traded as low as $15.83. Sonic Healthcare shares last traded at $16.30, with a volume of 56,079 shares.

Sonic Healthcare Price Performance

The company’s 50-day simple moving average is $17.46 and its 200-day simple moving average is $17.76.

Sonic Healthcare Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 6th will be given a dividend of $0.2816 per share. The ex-dividend date of this dividend is Thursday, March 6th.

Sonic Healthcare Company Profile

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.