Ramsay Health Care (OTCMKTS:RMYHY) Sets New 12-Month Low – What’s Next?

Shares of Ramsay Health Care Limited (OTCMKTS:RMYHY) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $4.84 and last traded at $4.84, with a volume of 453 shares traded. The stock had previously closed at $5.34.

Analyst Ratings Changes

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

Ramsay Health Care Stock Down 9.5 %

The company has a 50 day moving average of $5.34 and a 200-day moving average of $6.05.

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. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from Ramsay Health Care’s previous dividend of $0.05.

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.