Citigroup Upgrades Demant A/S (OTCMKTS:WILYY) to Strong-Buy

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

Demant A/S Trading Up 4.8%

OTCMKTS WILYY opened at $20.71 on Thursday. Demant A/S has a 12 month low of $15.03 and a 12 month high of $24.84. The company has a current ratio of 1.63, a quick ratio of 1.06 and a debt-to-equity ratio of 1.29. The company’s 50 day simple moving average is $17.77 and its 200 day simple moving average is $18.34.

Demant A/S Company Profile

Demant A/S operates as a hearing healthcare and audio technology company in Europe, North America, the Asia Pacific, Asia, and internationally. It operates through two segments: Hearing Healthcare and Communications. The Hearing Healthcare segment is involved in the manufacturing, servicing, and sale of hearing aids, and diagnostic products and services.