Shares of CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY – Get Free Report) were up 0.6% on Friday . The company traded as high as $89.9260 and last traded at $89.91. Approximately 10,843 shares were traded during trading, a decline of 14% from the average daily volume of 12,538 shares. The stock had previously closed at $89.4050.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group raised CochLear from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.
Get Our Latest Research Report on CHEOY
CochLear Stock Up 0.6%
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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