Shares of Cochlear Limited (OTCMKTS:CHEOF – Get Free Report) dropped 6.6% during trading on Thursday . The company traded as low as $68.54 and last traded at $68.57. Approximately 15,443 shares traded hands during trading, an increase of 1,821% from the average daily volume of 804 shares. The stock had previously closed at $73.39.
Cochlear Stock Performance
The stock has a 50-day moving average price of $115.69 and a 200-day moving average price of $158.04.
About Cochlear
Cochlear (OTCMKTS:CHEOF) is a global medical device company specializing in implantable hearing solutions. The company researches, develops, manufactures and markets cochlear implants, bone conduction hearing devices and acoustic implants designed to improve hearing outcomes for individuals with varying degrees of hearing loss. Cochlear’s product portfolio includes implant processors, electrode arrays and sound processor accessories, supported by proprietary digital signal processing technologies.
Founded in 1981 and headquartered in Sydney, Australia, Cochlear has grown into a multi-national organization with operations in North America, Europe, Asia Pacific and Latin America.
Featured Articles
- Five stocks we like better than Cochlear
- Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming Due
- Excited About Gold But Unsure of Its Trajectory? Try These 3 Approaches
- Dollar at a 3-Year Low: 3 Exporters Quietly Printing Money
- Water Infrastructure: Why This Boring Sector Could Get Exciting
Receive News & Ratings for Cochlear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cochlear and related companies with MarketBeat.com's FREE daily email newsletter.
