Straumann (OTCMKTS:SAUHY) Shares Gap Down – Time to Sell?

Shares of Straumann Holding AG (OTCMKTS:SAUHY) gapped down before the market opened on Wednesday . The stock had previously closed at $11.44, but opened at $11.03. Straumann shares last traded at $11.23, with a volume of 5,669 shares traded.

Analyst Ratings Changes

Several equities analysts recently commented on SAUHY shares. Citigroup reissued a “sell” rating on shares of Straumann in a research note on Wednesday, October 22nd. UBS Group upgraded Straumann from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft upgraded Straumann from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Finally, The Goldman Sachs Group downgraded Straumann from a “strong-buy” rating to a “neutral” rating in a research report on Monday, October 13th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Straumann Stock Up 0.7%

The firm’s 50 day moving average is $11.57 and its two-hundred day moving average is $12.19.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.