SONOVA (OTCMKTS:SONVY - Get Free Report) was upgraded by research analysts at Sanford C. Bernstein from a "hold" rating to a "strong-buy" rating in a research note issued on Friday,Zacks.com reports.
A number of other brokerages have also recently weighed in on SONVY. HSBC cut SONOVA from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. Kepler Capital Markets upgraded SONOVA from a "strong sell" rating to a "hold" rating in a research report on Friday, June 6th. Hsbc Global Res cut SONOVA from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 21st. BNP Paribas cut SONOVA from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, June 11th. Finally, Barclays cut SONOVA from a "hold" rating to a "strong sell" rating in a research report on Friday, June 20th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold".
Read Our Latest Research Report on SONVY
SONOVA Price Performance
SONVY traded up $0.72 on Friday, reaching $58.45. The company's stock had a trading volume of 20,047 shares, compared to its average volume of 30,623. SONOVA has a 1 year low of $52.83 and a 1 year high of $77.56. The company has a current ratio of 1.27, a quick ratio of 0.96 and a debt-to-equity ratio of 0.45. The business's 50 day moving average is $61.40 and its 200 day moving average is $62.33.
About SONOVA
(
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Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.
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