Sonova Holding AG (OTCMKTS:SONVY) Given Consensus Rating of "Reduce" by Brokerages

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) has been given a consensus rating of "Reduce" by the six brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

Several analysts recently issued reports on SONVY shares. Hsbc Global Res lowered Sonova from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 21st. HSBC lowered Sonova from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st.

Sonova Trading Down 0.9%

Shares of Sonova stock traded down $0.58 during trading on Friday, reaching $63.64. The stock had a trading volume of 9,157 shares, compared to its average volume of 20,118. Sonova has a 52 week low of $52.83 and a 52 week high of $77.56. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 1.21. The stock has a fifty day moving average price of $60.23 and a two-hundred day moving average price of $64.38.

Sonova Company Profile

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.