Sonova Holding AG (OTCMKTS:SONVY) Given Average Rating of “Hold” by Brokerages

Shares of Sonova Holding AG (OTCMKTS:SONVY) have been assigned an average recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts have recently issued reports on the company. Hsbc Global Res raised Sonova from a “hold” rating to a “strong-buy” rating in a research report on Friday. HSBC raised Sonova to a “buy” rating in a report on Friday.

Sonova Price Performance

OTCMKTS SONVY opened at $60.95 on Tuesday. Sonova has a 1 year low of $52.83 and a 1 year high of $77.56. The company has a fifty day simple moving average of $60.00 and a 200 day simple moving average of $65.80. The company has a quick ratio of 0.82, a current ratio of 1.21 and a debt-to-equity ratio of 0.61.

About Sonova

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.