Demant A/S Unsponsored ADR (OTCMKTS:WILYY – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 19 shares, a drop of 96.3% from the August 31st total of 512 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 342 shares, the days-to-cover ratio is currently 0.1 days.
Demant A/S Stock Performance
Shares of OTCMKTS WILYY remained flat at $23.85 during trading hours on Thursday. The stock had a trading volume of 98 shares, compared to its average volume of 365. Demant A/S has a 12 month low of $13.45 and a 12 month high of $23.85. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 1.65. The firm’s fifty day moving average price is $22.28 and its 200 day moving average price is $19.14.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Sanford C. Bernstein downgraded shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Zacks Research raised shares of Demant A/S to a “hold” rating in a research report on Friday, June 26th. Morgan Stanley upgraded shares of Demant A/S from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, June 23rd. Finally, UBS Group cut shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
About Demant A/S
Demant A/S is a Denmark-based hearing healthcare company that develops, manufactures and distributes products and services designed to help people with hearing loss. Its activities span hearing aids, audiological diagnostic equipment, hearing-related communications solutions and professional hearing care services.
The company’s hearing aid portfolio includes brands such as Oticon, Bernafon and Sonic, as well as Philips Hearing Solutions products developed through a licensing partnership.
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