Sonova (OTCMKTS:SONVY) Lifted to “Strong Sell” at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Sonova (OTCMKTS:SONVYFree Report) to a strong sell rating in a research note issued to investors on Tuesday morning, Zacks.com reports.

Separately, UBS Group upgraded Sonova to a “hold” rating in a report on Tuesday, August 13th.

Read Our Latest Stock Analysis on SONVY

Sonova Stock Down 1.0 %

SONVY opened at $72.07 on Tuesday. Sonova has a 52 week low of $46.02 and a 52 week high of $75.04. The stock’s fifty day moving average is $71.24 and its two-hundred day moving average is $64.45. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.07 and a current ratio of 1.45.

Sonova Company Profile

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Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.

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