SONOVA HLDG AG/ADR (OTCMKTS:SONVY) Trading Up 0.1%

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Shares of SONOVA HLDG AG/ADR (OTCMKTS:SONVY) were up 0.1% during mid-day trading on Wednesday . The stock traded as high as $45.27 and last traded at $44.98, approximately 17,935 shares changed hands during mid-day trading. A decline of 1% from the average daily volume of 18,171 shares. The stock had previously closed at $44.91.

Several equities analysts have recently issued reports on SONVY shares. ValuEngine cut SONOVA HLDG AG/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Jefferies Financial Group raised SONOVA HLDG AG/ADR from a “hold” rating to a “buy” rating in a report on Tuesday, September 10th.

The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average price of $45.55 and a 200-day moving average price of $44.29. The firm has a market cap of $14.45 billion, a price-to-earnings ratio of 31.45, a PEG ratio of 2.76 and a beta of 0.46.

SONOVA HLDG AG/ADR Company Profile (OTCMKTS:SONVY)

Sonova Holding AG designs, develops, manufactures, and distributes hearing systems for adults and children with hearing impairment. It offers hearing instruments, cochlear implants, wireless communication products, and rechargeable hearing aids, as well as professional audiological care services. The company provides hearing instruments under the Phonak, Unitron, and Hansaton brand names; cochlear implants under the Advanced Bionics brand; and professional hearing care services under the AudioNova, Audium, AuditionSanté, Boots Hearingcare, Connect Hearing, Fiebing, Geers, Hansaton, Lapperre, Lindacher, Schoonenberg, Triton, and Vitakustik brands.

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