Zacks Investment Research lowered shares of WILLIAM DEMANT/ADR (OTCMKTS:WILYY) from a hold rating to a sell rating in a report issued on Friday.

According to Zacks, “William Demant Holding A/S develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The Company focuses on three business areas: Hearing Devices, Diagnostic Instruments and Personal Communication. William Demant Holding A/S is headquartered in Smorum, Denmark. “

OTCMKTS:WILYY opened at $20.34 on Friday. WILLIAM DEMANT/ADR has a 52 week low of $13.47 and a 52 week high of $23.90. The stock has a market cap of $10.61 billion, a P/E ratio of 39.12, a price-to-earnings-growth ratio of 2.92 and a beta of 0.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.70 and a current ratio of 0.94.


William Demant Holding A/S, a hearing healthcare company, develops, manufactures, and sells products and equipment designed to aid the people with hearing loss connect and communication primarily in Denmark, rest of Europe, North America, Oceania, Asia, and other countries. Its products include hearing devices and implants; diagnostic instruments; and personal communication systems, such as headsets and solutions for the professional call center and office market, as well as consumer headsets for the gaming and mobile segments.

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