Shares of Cochlear Limited (OTCMKTS:CHEOF – Get Free Report) traded up 6.8% during trading on Friday . The company traded as high as $71.8875 and last traded at $71.8875. 105 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 788 shares. The stock had previously closed at $67.30.
Cochlear Stock Up 6.8%
The business’s 50 day moving average price is $95.13 and its 200 day moving average price is $145.52.
About Cochlear
Cochlear (OTCMKTS:CHEOF) is a global medical device company specializing in implantable hearing solutions. The company researches, develops, manufactures and markets cochlear implants, bone conduction hearing devices and acoustic implants designed to improve hearing outcomes for individuals with varying degrees of hearing loss. Cochlear’s product portfolio includes implant processors, electrode arrays and sound processor accessories, supported by proprietary digital signal processing technologies.
Founded in 1981 and headquartered in Sydney, Australia, Cochlear has grown into a multi-national organization with operations in North America, Europe, Asia Pacific and Latin America.
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