Demant A/S (OTCMKTS:WILYY) Lowered to Hold Rating by Sanford C. Bernstein

Sanford C. Bernstein lowered shares of Demant A/S (OTCMKTS:WILYY) from a strong-buy rating to a hold rating in a research note released on Friday morning,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Zacks Research upgraded shares of Demant A/S to a “hold” rating in a research report on Friday, June 26th. Morgan Stanley upgraded Demant A/S from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Demant A/S presently has a consensus rating of “Moderate Buy”.

Demant A/S Stock Performance

Shares of OTCMKTS WILYY opened at $20.66 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.36 and a quick ratio of 1.00. Demant A/S has a 12 month low of $13.45 and a 12 month high of $20.98. The stock has a 50-day moving average price of $19.43 and a two-hundred day moving average price of $16.86.

About Demant A/S

Demant A/S is a Denmark-based global hearing health care company specializing in the development, manufacture and distribution of hearing solutions and audiological diagnostic instruments. The company’s flagship brands include Oticon, Bernafon and Sonic, which offer a range of hearing aids designed to address various levels of hearing loss. In addition to personal hearing devices, Demant provides diagnostic equipment such as audiometers and tympanometers, supporting hearing care professionals in accurate assessment and fitting of hearing solutions.

Beyond hearing aids and diagnostics, Demant’s product portfolio extends to hearing implants—cochlear and bone-anchored systems—through its Oticon Medical division.