Cochlear Limited (OTCMKTS:CHEOY - Get Free Report)'s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $82.55 and last traded at $83.99, with a volume of 50056 shares traded. The stock had previously closed at $84.61.
Analyst Ratings Changes
Separately, The Goldman Sachs Group began coverage on Cochlear in a report on Thursday, January 16th. They set a "neutral" rating on the stock.
View Our Latest Research Report on CHEOY
Cochlear Stock Performance
The company's 50-day moving average price is $92.84 and its 200 day moving average price is $96.08.
Cochlear Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Friday, March 21st will be paid a dividend of $0.6165 per share. The ex-dividend date is Friday, March 21st. This is a boost from Cochlear's previous dividend of $0.14.
About Cochlear
(
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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.
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