Demant A/S (OTCMKTS:WILLF) Shares Up 8.1% – Here’s Why

Shares of Demant A/S (OTCMKTS:WILLF – Get Free Report) rose 8.1% during trading on Tuesday. The stock traded as high as $49.25 and last traded at $49.25. Approximately 168 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 605 shares. The stock had previously closed at $45.55.

Demant A/S Stock Performance

The stock’s 50 day simple moving average is $44.77 and its two-hundred day simple moving average is $38.55.

About Demant A/S

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Demant A/S is a Denmark-based hearing healthcare company that develops, manufactures and distributes technologies and services for people with hearing loss and communication needs. Its activities span hearing aids, audiological diagnostic equipment, hearing implants and related hearing care services.

The company serves consumers and hearing care professionals through a portfolio of brands that includes Oticon, Bernafon, Philips Hearing Solutions, Audika, Interacoustics, MAICO and Sennheiser hearing-related products.

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