Demant A/S (OTCMKTS:WILYY) Rating Lowered to Hold at Zacks Research

Demant A/S (OTCMKTS:WILYY) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks reports.

Several other brokerages have also recently issued reports on WILYY. UBS Group cut shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Morgan Stanley upgraded shares of Demant A/S from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, June 23rd. Finally, Sanford C. Bernstein lowered Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Demant A/S Price Performance

Shares of WILYY opened at $24.80 on Monday. The firm has a fifty day simple moving average of $23.16 and a two-hundred day simple moving average of $20.08. Demant A/S has a twelve month low of $13.45 and a twelve month high of $24.80.

About Demant A/S

Demant A/S is a Denmark-based hearing healthcare company that develops, manufactures and distributes products and services designed to help people with hearing loss and other communication needs. The company serves consumers and hearing care professionals through activities spanning hearing aids, diagnostic equipment, hearing care services and specialized communications technology.

Its portfolio includes hearing aids and related software, audiological diagnostic instruments, and technologies used by hearing care professionals to assess and manage hearing conditions.