Cochlear (OTCMKTS:CHEOF) Trading Down 1.4% – What’s Next?

Cochlear Limited (OTCMKTS:CHEOFGet Free Report) shares traded down 1.4% during trading on Wednesday . The stock traded as low as $184.91 and last traded at $184.91. 13 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 127 shares. The stock had previously closed at $187.53.

Cochlear Price Performance

The firm has a 50-day moving average price of $177.91 and a 200-day moving average price of $187.98.

Cochlear Company Profile

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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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