Sonova Holding (OTCMKTS:SONVY) Stock Now Rated “Hold” by Wall Street Brokerages

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

A number of brokerages recently commented on SONVY. Citigroup reaffirmed a “sell” rating on shares of Sonova in a research report on Friday, July 24th. UBS Group cut Sonova from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 2nd. Finally, The Goldman Sachs Group upgraded Sonova from a “hold” rating to a “buy” rating in a research note on Thursday, October 8th.

Sonova Price Performance

OTCMKTS:SONVY opened at $69.95 on Friday. Sonova has a 12 month low of $42.26 and a 12 month high of $71.91. The company has a current ratio of 1.75, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average is $62.16 and its 200 day moving average is $53.58.

Sonova Company Profile

Sonova Holding AG is a Switzerland-based hearing-care company that develops, manufactures and distributes solutions for people with hearing loss. Its portfolio includes hearing aids, cochlear implants, hearing implants, wireless communication products and related accessories and services.

The company markets products under several brands, including Phonak, Unitron and Advanced Bionics. Sonova also operates hearing-care businesses and retail networks that provide hearing assessments, device fitting, rehabilitation support and after-sales services.