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Citigroup Upgrades Demant A/S (OTCMKTS:WILYY) to "Strong-Buy"

Demant A/S logo with Medical background

Citigroup upgraded shares of Demant A/S (OTCMKTS:WILYY - Free Report) from a hold rating to a strong-buy rating in a report released on Thursday morning,Zacks.com reports.

Demant A/S Trading Up 4.8%

Shares of WILYY stock traded up $0.95 during trading hours on Thursday, hitting $20.71. 599 shares of the company were exchanged, compared to its average volume of 646. Demant A/S has a 1 year low of $15.03 and a 1 year high of $24.84. The firm has a fifty day moving average of $17.77 and a 200 day moving average of $18.34. The company has a current ratio of 1.63, a quick ratio of 1.06 and a debt-to-equity ratio of 1.29.

About Demant A/S

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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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