Ramsay Health Care (OTCMKTS:RMYHY) Hits New 52-Week Low – Time to Sell?

Shares of Ramsay Health Care Limited (OTCMKTS:RMYHY) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $6.27 and last traded at $6.27, with a volume of 1017 shares. The stock had previously closed at $6.57.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded Ramsay Health Care to a “moderate buy” rating in a research report on Tuesday, August 6th.

Ramsay Health Care Stock Performance

The stock has a 50-day simple moving average of $6.91 and a 200-day simple moving average of $7.40.

Ramsay Health Care Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 11th. Stockholders of record on Monday, September 9th were paid a dividend of $0.0543 per share. The ex-dividend date of this dividend was Monday, September 9th.

About Ramsay Health Care

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.