Sonova Holding AG (OTCMKTS:SONVY) Short Interest Update

Sonova Holding AG (OTCMKTS:SONVYGet Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 2,800 shares, a decline of 85.4% from the October 15th total of 19,200 shares. Based on an average daily volume of 38,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on SONVY

Sonova Stock Performance

Shares of OTCMKTS:SONVY traded down $1.07 during trading on Wednesday, hitting $71.52. 34,166 shares of the stock traded hands, compared to its average volume of 42,985. The company has a fifty day moving average price of $72.54 and a two-hundred day moving average price of $66.24. Sonova has a 52-week low of $51.72 and a 52-week high of $77.56. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.45 and a quick ratio of 1.07.

Sonova Company Profile

(Get Free Report)

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.

Further Reading

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