Sonova Holding (OTCMKTS:SONVY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Sonova Holding (OTCMKTS:SONVY) have received a consensus rating of “Hold” from the seven research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have issued reports on SONVY. Morgan Stanley upgraded Sonova from an “underweight” rating to an “equal weight” rating in a report on Tuesday, June 23rd. UBS Group upgraded Sonova from a “hold” rating to a “buy” rating in a report on Wednesday, July 22nd. Finally, Citigroup reiterated a “sell” rating on shares of Sonova in a research report on Friday, July 24th.

Sonova Trading Up 0.8%

Shares of Sonova stock opened at $56.32 on Friday. The stock’s fifty day simple moving average is $55.55 and its 200 day simple moving average is $50.70. The company has a quick ratio of 1.43, a current ratio of 1.75 and a debt-to-equity ratio of 0.51. Sonova has a 12 month low of $42.26 and a 12 month high of $61.04.

Sonova Company Profile

Sonova Holding AG is a Switzerland-based company focused on hearing care and hearing solutions. Through its businesses, the company develops, manufactures and distributes hearing aids, cochlear implants and other hearing-related technologies designed to help people with hearing loss communicate and participate more fully in daily life.

Sonova’s portfolio includes hearing instruments and accessories, wireless communication products, implantable hearing systems and audiological services.