CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $61.80 and last traded at $62.51, with a volume of 1638 shares changing hands. The stock had previously closed at $62.30.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada upgraded shares of CochLear from a “hold” rating to a “moderate buy” rating in a report on Monday, January 19th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.
Get Our Latest Analysis on CochLear
CochLear Trading Up 0.7%
About CochLear
Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.
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