Cochlear (OTCMKTS:CHEOY) Sets New 52-Week Low – Here’s Why

Shares of Cochlear Limited (OTCMKTS:CHEOYGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $83.50 and last traded at $84.64, with a volume of 8070 shares changing hands. The stock had previously closed at $96.34.

Analyst Ratings Changes

Separately, The Goldman Sachs Group began coverage on shares of Cochlear in a research report on Thursday, January 16th. They set a “neutral” rating on the stock.

Check Out Our Latest Research Report on CHEOY

Cochlear Price Performance

The company’s 50 day moving average price is $94.61 and its two-hundred day moving average price is $97.79.

About Cochlear

(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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