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Sonova (OTCMKTS:SONVY) Reaches New 52-Week Low - Should You Sell?

Sonova logo with Medical background

Shares of Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) reached a new 52-week low on Friday . The company traded as low as $53.77 and last traded at $54.40, with a volume of 37655 shares traded. The stock had previously closed at $56.11.

Sonova Stock Up 4.7 %

The business's 50 day moving average is $62.85 and its 200-day moving average is $67.28. The company has a quick ratio of 0.82, a current ratio of 1.21 and a debt-to-equity ratio of 0.61.

Sonova Company Profile

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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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