Sonova (OTCMKTS:SONVY – Get Free Report) was downgraded by equities research analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.
A number of other equities research analysts also recently commented on the company. Citigroup restated a “sell” rating on shares of Sonova in a research report on Friday, July 24th. The Goldman Sachs Group upgraded Sonova from a “hold” rating to a “buy” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Analysis on SONVY
Sonova Price Performance
SONVY opened at $68.42 on Monday. Sonova has a one year low of $42.26 and a one year high of $69.66. The company has a current ratio of 1.75, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average price is $61.51 and its 200 day moving average price is $53.34.
Sonova Company Profile
Sonova Holding AG is a Switzerland-based hearing-care company that develops, manufactures and distributes solutions for people with hearing loss. Its portfolio includes hearing aids, cochlear implants, hearing implants, wireless communication products and related accessories and services.
The company markets products under several brands, including Phonak, Unitron and Advanced Bionics. Sonova also operates hearing-care businesses and retail networks that provide hearing assessments, device fitting, rehabilitation support and after-sales services.
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