UBS Group upgraded shares of Sonova (OTCMKTS:SONVY – Free Report) to a hold rating in a report issued on Tuesday morning, Zacks.com reports.
Sonova Stock Performance
SONVY stock opened at $67.23 on Tuesday. Sonova has a one year low of $45.54 and a one year high of $67.32. The company has a fifty day moving average of $61.87 and a 200-day moving average of $61.34.
Sonova Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, July 2nd. Investors of record on Friday, June 14th were paid a $0.5687 dividend. The ex-dividend date of this dividend was Friday, June 14th.
Sonova Company Profile
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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