Ramsay Health Care (OTCMKTS:RMYHY) Downgraded to “Neutral” at Citigroup

Citigroup lowered shares of Ramsay Health Care (OTCMKTS:RMYHYGet Rating) from a buy rating to a neutral rating in a report released on Tuesday, The Fly reports.

Separately, The Goldman Sachs Group assumed coverage on Ramsay Health Care in a research note on Friday, September 30th. They issued a neutral rating on the stock.

Ramsay Health Care Price Performance

Shares of OTCMKTS RMYHY opened at $9.50 on Tuesday. Ramsay Health Care has a 1-year low of $8.55 and a 1-year high of $14.94. The stock’s 50-day moving average is $9.57 and its 200 day moving average is $11.70.

Ramsay Health Care Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 14th. Shareholders of record on Monday, September 5th were paid a $0.0745 dividend. The ex-dividend date of this dividend was Friday, September 2nd. This represents a yield of 1.23%.

About Ramsay Health Care

(Get Rating)

Ramsay Health Care Limited owns and operates hospitals. The company also offers health care services to public and private patients. It operates facilities in approximately 532 locations in the Asia Pacific, the United Kingdom, France, and Nordics. The company was founded in 1964 and is based in Sydney, Australia.

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