Shares of Cochlear Limited (OTCMKTS:CHEOY - Get Free Report) were down 1% during mid-day trading on Monday . The stock traded as low as $87.03 and last traded at $88.25. Approximately 3,028 shares changed hands during trading, a decline of 82% from the average daily volume of 17,137 shares. The stock had previously closed at $89.17.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group began coverage on Cochlear in a research report on Thursday, January 16th. They set a "neutral" rating for the company.
Get Our Latest Research Report on CHEOY
Cochlear Price Performance
The stock's 50-day moving average price is $83.65 and its 200-day moving average price is $90.50.
Cochlear Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, March 21st were given a dividend of $0.6165 per share. This is a positive change from Cochlear's previous dividend of $0.14. The ex-dividend date was Friday, March 21st.
Cochlear Company Profile
(
Get Free Report)
Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.
Further Reading
Before you consider Cochlear, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cochlear wasn't on the list.
While Cochlear currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
