Cochlear Limited (OTCMKTS:CHEOY – Get Free Report) shares fell 1% on Monday . The company traded as low as $87.03 and last traded at $88.25. 3,028 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 17,137 shares. The stock had previously closed at $89.17.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group assumed coverage on Cochlear in a report on Thursday, January 16th. They set a “neutral” rating for the company.
View Our Latest Analysis on Cochlear
Cochlear Stock Down 1.0 %
Cochlear Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, March 21st were given a dividend of $0.6165 per share. This is an increase from Cochlear’s previous dividend of $0.14. The ex-dividend date of this dividend was Friday, March 21st.
Cochlear Company Profile
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.
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