Ramsay Health Care Limited (OTCMKTS:RMYHY – Get Rating) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 600 shares, a drop of 14.3% from the April 30th total of 700 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 0.2 days.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group downgraded Ramsay Health Care from a “neutral” rating to a “sell” rating in a research report on Wednesday, May 3rd.
Ramsay Health Care Trading Down 2.4 %
RMYHY opened at $9.19 on Monday. The firm’s 50 day moving average is $10.54 and its 200-day moving average is $10.81. Ramsay Health Care has a 52-week low of $8.55 and a 52-week high of $14.29.
Ramsay Health Care Company Profile
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Ramsay Health Care Ltd. is in the provision of healthcare services and the operation of hospitals and day surgery facilities. It operates through the following segments : Asia Pacific, UK, France and Nordics. The company was founded by Paul Joseph Ramsay in 1964 and is headquartered in Sydney, Australia.
Further Reading
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