Cochlear Limited (OTCMKTS:CHEOY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $77.26 and last traded at $79.66, with a volume of 23200 shares changing hands. The stock had previously closed at $84.70.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group began coverage on shares of Cochlear in a research note on Thursday, January 16th. They issued a "neutral" rating for the company.
Check Out Our Latest Report on CHEOY
Cochlear Stock Performance
The firm's 50 day moving average is $86.38 and its 200-day moving average is $92.57.
Cochlear Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.6165 per share. This is a boost from Cochlear's previous dividend of $0.14. The ex-dividend date of this dividend is Friday, March 21st.
About Cochlear
(
Get Free Report)
Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.
See Also
Before you consider Cochlear, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cochlear wasn't on the list.
While Cochlear currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
