Demant A/S (OTCMKTS:WILYY) Trading 2.7% Higher – Time to Buy?

Shares of Demant A/S (OTCMKTS:WILYY) shot up 2.7% on Tuesday . The stock traded as high as $19.37 and last traded at $19.37. 142 shares traded hands during trading, an increase of 6% from the average session volume of 134 shares. The stock had previously closed at $18.87.

Wall Street Analyst Weigh In

Several research firms have weighed in on WILYY. Hsbc Global Res upgraded shares of Demant A/S to a “hold” rating in a research note on Friday, September 13th. UBS Group raised shares of Demant A/S to a “strong-buy” rating in a report on Wednesday, August 28th. Finally, The Goldman Sachs Group raised shares of Demant A/S to a “strong-buy” rating in a report on Monday, October 21st.

Demant A/S Price Performance

The firm’s fifty day moving average is $19.18 and its two-hundred day moving average is $20.59.

About Demant A/S

Demant A/S operates as a hearing healthcare and audio technology company in Europe, North America, the Asia Pacific, Asia, and internationally. It operates through two segments: Hearing Healthcare and Communications. The Hearing Healthcare segment is involved in the manufacturing, servicing, and sale of hearing aids, and diagnostic products and services.