Ramsay Health Care (OTCMKTS:RMYHY) Trading 12.3% Higher – Still a Buy?

Ramsay Health Care Ltd. Unsponsored ADR (OTCMKTS:RMYHY) traded up 12.3% during mid-day trading on Thursday . The company traded as high as $4.84 and last traded at $4.84. 2,139 shares changed hands during mid-day trading, an increase of 30,457% from the average session volume of 7 shares. The stock had previously closed at $4.31.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded Ramsay Health Care to a “hold” rating in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Ramsay Health Care Trading Up 12.3%

The business has a fifty day simple moving average of $5.59 and a two-hundred day simple moving average of $5.59.

Ramsay Health Care Announces Dividend

The business also recently announced a dividend, which was paid on Friday, October 10th. Shareholders of record on Tuesday, September 9th were issued a dividend of $0.0522 per share. The ex-dividend date was Monday, September 8th. This represents a yield of 180.0%.

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.