Sonova (OTCMKTS:SONVY) Upgraded to “Strong Sell” at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Sonova (OTCMKTS:SONVY) to a strong sell rating in a research report sent to investors on Tuesday morning, Zacks.com reports.

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

Sonova Stock Performance

OTCMKTS SONVY opened at $71.94 on Tuesday. The firm’s 50 day simple moving average is $71.34 and its 200 day simple moving average is $64.55. The company has a current ratio of 1.45, a quick ratio of 1.07 and a debt-to-equity ratio of 0.63. Sonova has a 1 year low of $46.02 and a 1 year high of $75.04.

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.