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Sonova (OTCMKTS:SONVY) Stock Price Passes Below Fifty Day Moving Average - Time to Sell?

Sonova logo with Medical background

Sonova Holding AG (OTCMKTS:SONVY - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $66.85 and traded as low as $64.21. Sonova shares last traded at $64.83, with a volume of 12,053 shares trading hands.

Analyst Upgrades and Downgrades

SONVY has been the subject of several research reports. Citigroup upgraded shares of Sonova to a "strong sell" rating in a research report on Thursday, November 21st. Barclays cut shares of Sonova from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 20th.

View Our Latest Research Report on Sonova

Sonova Stock Down 0.3 %

The firm's 50-day simple moving average is $66.83 and its two-hundred day simple moving average is $69.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.21 and a quick ratio of 0.82.

About Sonova

(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.

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