CochLear (OTCMKTS:CHEOY) Hits New 52-Week Low – Should You Sell?

CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOYGet Free Report)’s stock price reached a new 52-week low on Friday . The company traded as low as $70.31 and last traded at $70.58, with a volume of 880 shares traded. The stock had previously closed at $86.32.

CochLear News Roundup

Here are the key news stories impacting CochLear this week:

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded 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 issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

Get Our Latest Research Report on CochLear

CochLear Stock Performance

The business’s 50-day simple moving average is $89.15 and its two-hundred day simple moving average is $93.06.

CochLear Company Profile

(Get Free Report)

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.

Further Reading

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