Sonova (OTCMKTS:SONVY) Reaches New 12-Month High – Still a Buy?

Sonova Holding AG (OTCMKTS:SONVY) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $77.56 and last traded at $77.48, with a volume of 13189 shares. The stock had previously closed at $71.94.

Analyst Upgrades and Downgrades

SONVY has been the subject of several analyst reports. UBS Group upgraded shares of Sonova to a “hold” rating in a report on Tuesday, August 13th. The Goldman Sachs Group upgraded shares of Sonova to a “strong sell” rating in a research note on Tuesday, October 22nd.

Sonova Stock Performance

The stock has a fifty day moving average of $71.67 and a 200 day moving average of $64.95. The company has a current ratio of 1.45, a quick ratio of 1.07 and a debt-to-equity ratio of 0.63.

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.