Sonova (OTCMKTS:SONVY) Hits New 12-Month High at $69.02

Shares of Sonova Holding AG (OTCMKTS:SONVY) reached a new 52-week high on Thursday . The company traded as high as $69.02 and last traded at $68.43, with a volume of 14492 shares changing hands. The stock had previously closed at $67.95.

Analysts Set New Price Targets

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

Sonova Trading Up 2.7 %

The stock has a 50-day moving average of $62.44 and a 200 day moving average of $61.50.

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 given a dividend of $0.5687 per share. The ex-dividend date of this dividend was Friday, June 14th.

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.