Sonova Holding (OTCMKTS:SONVY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Sonova Holding (OTCMKTS:SONVY) have earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

Several research firms have recently weighed in on SONVY. Morgan Stanley raised Sonova from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, June 23rd. Jefferies Financial Group downgraded shares of Sonova from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 18th. Citigroup restated a “sell” rating on shares of Sonova in a report on Wednesday, May 13th. Finally, BNP Paribas Exane raised shares of Sonova from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, March 10th.

Sonova Stock Performance

SONVY stock opened at $50.13 on Friday. The stock has a 50-day moving average price of $48.70 and a two-hundred day moving average price of $49.84. Sonova has a 12-month low of $42.26 and a 12-month high of $61.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.75 and a quick ratio of 1.43.

Sonova Company Profile

Sonova AG (OTCMKTS:SONVY) is a Switzerland-based provider of hearing care solutions, headquartered in Stäfa. The company designs, develops, manufactures and distributes a range of audiological products and related services aimed at improving hearing and communication for people with hearing loss. Its portfolio spans behind-the-ear and in-the-ear hearing instruments, wireless accessories and software solutions that enable connectivity with consumer devices and audiological fittings.

Sonova markets its products under several well-known brands, including Phonak and Unitron for hearing aids, and it is also associated with Advanced Bionics for cochlear implant systems.