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

Sonova (OTCMKTS:SONVY) was upgraded by equities researchers at The Goldman Sachs Group to a “strong sell” rating in a research note issued on Tuesday, Zacks.com reports.

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

Sonova Trading Down 1.0 %

Shares of Sonova stock opened at $72.78 on Tuesday. The firm’s 50-day moving average is $71.13 and its 200 day moving average is $64.39. Sonova has a 1 year low of $46.02 and a 1 year high of $75.04. 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.