Sonova (OTCMKTS:SONVY) Sets New 12-Month Low – Time to Sell?

Sonova Holding AG (OTCMKTS:SONVY)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $53.77 and last traded at $54.40, with a volume of 37655 shares traded. The stock had previously closed at $56.11.

Sonova Trading Down 3.1 %

The firm’s fifty day simple moving average is $63.88 and its two-hundred day simple moving average is $67.62. The company has a quick ratio of 0.82, a current ratio of 1.21 and a debt-to-equity ratio of 0.61.

About Sonova

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.