Ramsay Health Care (OTCMKTS:RMYHY) Trading Down 2.3% – Here’s What Happened

Shares of Ramsay Health Care Limited (OTCMKTS:RMYHY) traded down 2.3% during trading on Monday . The company traded as low as $5.38 and last traded at $5.38. 1,213 shares traded hands during mid-day trading, an increase of 70% from the average session volume of 712 shares. The stock had previously closed at $5.51.

Analysts Set New Price Targets

Separately, Royal Bank of Canada downgraded Ramsay Health Care from a “moderate buy” rating to a “hold” rating in a report on Friday, March 14th.

Ramsay Health Care Trading Down 2.3 %

The business’s fifty day simple moving average is $5.33 and its 200-day simple moving average is $6.12.

Ramsay Health Care Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.063 per share. This is a boost from Ramsay Health Care’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, March 10th.

Ramsay Health Care Company Profile

Ramsay Health Care Limited owns and operates hospitals. The company offers health care services to public and private patients. It operates facilities in approximately 530 locations in the Asia Pacific, the United Kingdom, France, and Nordics. Ramsay Health Care Limited was founded in 1964 and is based in Sydney, Australia.