tiprankstipranks
Company Announcements

Allan Gray Australia Acquires Substantial Stake in Ramsay Health Care

Story Highlights
Allan Gray Australia Acquires Substantial Stake in Ramsay Health Care

The latest update is out from Ramsay Health Care ( (AU:RHC) ).

Allan Gray Australia Pty Ltd has become a substantial holder in Ramsay Health Care, acquiring a 5.07% voting power with 11,679,304 ordinary shares. This development signifies a significant investment move that could influence Ramsay Health Care’s strategic decisions and market positioning, potentially impacting stakeholders and the company’s future operations.

More about Ramsay Health Care

Ramsay Health Care is a prominent player in the healthcare industry, primarily focusing on providing high-quality hospital services and healthcare facilities. The company operates a wide network of hospitals and clinics, catering to a diverse range of medical needs and patient care services.

YTD Price Performance: 1.45%

Average Trading Volume: 648

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.91B

For an in-depth examination of RHC stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1