Demant A/S (OTCMKTS:WILYY) Upgraded by Jefferies Financial Group to Strong-Buy Rating

Jefferies Financial Group upgraded shares of Demant A/S (OTCMKTS:WILYY) from a hold rating to a strong-buy rating in a report released on Wednesday,Zacks.com reports.

Demant A/S Stock Performance

OTCMKTS WILYY opened at $13.45 on Wednesday. The company has a 50-day moving average price of $15.32 and a two-hundred day moving average price of $16.76. Demant A/S has a 52 week low of $13.45 and a 52 week high of $21.93. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.00 and a current ratio of 1.36.

About Demant A/S

Demant A/S is a Denmark-based global hearing health care company specializing in the development, manufacture and distribution of hearing solutions and audiological diagnostic instruments. The company’s flagship brands include Oticon, Bernafon and Sonic, which offer a range of hearing aids designed to address various levels of hearing loss. In addition to personal hearing devices, Demant provides diagnostic equipment such as audiometers and tympanometers, supporting hearing care professionals in accurate assessment and fitting of hearing solutions.

Beyond hearing aids and diagnostics, Demant’s product portfolio extends to hearing implants—cochlear and bone-anchored systems—through its Oticon Medical division.