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

Sonova (OTCMKTS:SONVY) was upgraded by stock analysts at The Goldman Sachs Group to a “strong sell” rating in a report released on Tuesday, Zacks.com reports.

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

Sonova Stock Performance

Shares of SONVY stock opened at $73.55 on Tuesday. 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 has a fifty-two week low of $46.02 and a fifty-two week high of $75.04. The business has a fifty day simple moving average of $71.01 and a 200-day simple moving average of $64.33.

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.