Demant A/S (OTCMKTS:WILYY) Reaches New 52-Week Low at $13.00

Demant A/S (OTCMKTS:WILYYGet Rating) hit a new 52-week low on Thursday . The company traded as low as $13.00 and last traded at $13.00, with a volume of 278 shares changing hands. The stock had previously closed at $14.74.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WILYY. Barclays began coverage on Demant A/S in a report on Tuesday, September 13th. They issued an “underweight” rating on the stock. Credit Suisse Group dropped their target price on Demant A/S from 325.00 to 265.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 24th. Finally, Cheuvreux cut Demant A/S from a “hold” rating to a “reduce” rating and lowered their price target for the stock from 290.00 to 215.00 in a research report on Friday, August 26th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $240.00.

Demant A/S Price Performance

The company has a quick ratio of 0.50, a current ratio of 0.72 and a debt-to-equity ratio of 0.35. The business has a fifty day moving average of $16.80 and a two-hundred day moving average of $19.27.

About Demant A/S

(Get Rating)

Demant A/S, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment to enhance people's hearing in Europe, North America, the Pacific, Asia, and internationally. It operates in two segments, Hearing Healthcare and Communications. The Hearing Healthcare segment offers hearing implants and aids, hearing care, and diagnostic products.

Further Reading

Receive News & Ratings for Demant A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Demant A/S and related companies with MarketBeat.com's FREE daily email newsletter.