Straumann (OTCMKTS:SAUHY) Shares Gap Up – Still a Buy?

Straumann Holding AG (OTCMKTS:SAUHY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $9.66, but opened at $10.07. Straumann shares last traded at $10.16, with a volume of 19,407 shares.

Analyst Ratings Changes

SAUHY has been the subject of a number of research analyst reports. Morgan Stanley reiterated an “underweight” rating on shares of Straumann in a research note on Monday, December 15th. Citigroup reiterated a “sell” rating on shares of Straumann in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Straumann has an average rating of “Hold”.

Straumann Stock Performance

The stock’s 50-day moving average price is $11.73 and its 200-day moving average price is $11.68.

About Straumann

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.