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Demant A/S (OTCMKTS:WILYY) Shares Gap Down - Here's What Happened

Demant A/S logo with Medical background

Demant A/S Unsponsored ADR (OTCMKTS:WILYY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $20.98, but opened at $20.19. Demant A/S shares last traded at $20.19, with a volume of 177 shares changing hands.

Analysts Set New Price Targets

A number of analysts recently commented on WILYY shares. Barclays upgraded shares of Demant A/S from a "strong sell" rating to a "hold" rating in a research note on Friday, June 20th. Citigroup raised Demant A/S from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 5th. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. According to MarketBeat, Demant A/S has an average rating of "Buy".

Read Our Latest Analysis on WILYY

Demant A/S Stock Performance

The firm's fifty day moving average price is $20.45 and its 200 day moving average price is $18.79. The company has a quick ratio of 1.22, a current ratio of 1.63 and a debt-to-equity ratio of 1.29.

Demant A/S Company Profile

(Get Free Report)

Demant A/S operates as a hearing healthcare and audio technology company in Europe, North America, the Asia Pacific, Asia, and internationally. It operates through two segments: Hearing Healthcare and Communications. The Hearing Healthcare segment is involved in the manufacturing, servicing, and sale of hearing aids, and diagnostic products and services.

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