Sonova (OTCMKTS:SONVY) Hits New 12-Month High – Should You Buy?

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SONVY shares. The Goldman Sachs Group raised Sonova to a “strong sell” rating in a research report on Tuesday, October 22nd. UBS Group raised Sonova to a “hold” rating in a research report on Tuesday, August 13th.

Sonova Stock Up 7.7 %

The company’s 50 day moving average is $71.34 and its 200 day moving average is $64.66. 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

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.