Ramsay Health Care (OTCMKTS:RMYHY) Stock Price Down 2.3% – Here’s Why

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

Wall Street Analysts Forecast Growth

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.

Check Out Our Latest Stock Analysis on Ramsay Health Care

Ramsay Health Care Price Performance

The stock’s 50 day moving average is $5.33 and its 200-day moving average is $6.11.

Ramsay Health Care Increases Dividend

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

Ramsay Health Care Company Profile

(Get Free Report)

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.

Further Reading

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