SONOVA Hldg AG/ADR (SONVY) Receiving Negative Media Coverage, Analysis Shows
News stories about SONOVA Hldg AG/ADR (OTCMKTS:SONVY) have been trending negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. SONOVA Hldg AG/ADR earned a daily sentiment score of -2.00 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the immediate future.
SONVY traded up $0.95 during midday trading on Wednesday, hitting $30.29. 37,902 shares of the company’s stock traded hands, compared to its average volume of 28,304. The company has a quick ratio of 1.40, a current ratio of 1.74 and a debt-to-equity ratio of 0.25. SONOVA Hldg AG/ADR has a one year low of $29.30 and a one year high of $42.02.
Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of SONOVA Hldg AG/ADR from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. ValuEngine lowered shares of SONOVA Hldg AG/ADR from a “buy” rating to a “hold” rating in a research report on Monday, October 8th.
Sonova Holding AG designs, develops, manufactures, and distributes hearing systems for adults and children with hearing impairment. It offers hearing instruments, cochlear implants, wireless communication products, and rechargeable hearing aids, as well as professional audiological services. The company provides hearing instruments under the Phonak, Unitron, and Hansaton brand names; cochlear implants under the Advanced Bionics brand name; and professional audiological services under the Connect Hearing brand name.
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