Demant A/S (OTCMKTS:WILYY) Reaches New 12-Month Low at $13.00

Shares of Demant A/S (OTCMKTS:WILYYGet Rating) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $13.00 and last traded at $13.00, with a volume of 278 shares changing hands. The stock had previously closed at $14.74.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Credit Suisse Group cut their price objective on Demant A/S from 325.00 to 265.00 and set a “neutral” rating for the company in a research report on Wednesday, August 24th. Barclays assumed coverage on Demant A/S in a research report on Tuesday, September 13th. They set an “underweight” rating for the company. Finally, Cheuvreux downgraded Demant A/S from a “hold” rating to a “reduce” rating and cut their price objective for the stock from 290.00 to 215.00 in a research report on Friday, August 26th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $240.00.

Demant A/S Price Performance

The company has a quick ratio of 0.50, a current ratio of 0.72 and a debt-to-equity ratio of 0.35. The company’s 50 day simple moving average is $16.80 and its 200 day simple moving average is $19.27.

About Demant A/S

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Demant A/S, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment to enhance people's hearing in Europe, North America, the Pacific, Asia, and internationally. It operates in two segments, Hearing Healthcare and Communications. The Hearing Healthcare segment offers hearing implants and aids, hearing care, and diagnostic products.

Further Reading

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