Demant A/S (OTCMKTS:WILYY) Stock Gets Downgrade from Zacks Research

Demant A/S (OTCMKTS:WILYY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

Other equities research analysts have also issued reports about the company. Sanford C. Bernstein lowered Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Morgan Stanley raised Demant A/S from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, June 23rd. Finally, UBS Group downgraded Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Demant A/S has a consensus rating of “Moderate Buy”.

Demant A/S Stock Performance

WILYY opened at $24.80 on Monday. The stock has a 50-day moving average of $23.16 and a 200-day moving average of $20.08. Demant A/S has a 52-week low of $13.45 and a 52-week high of $24.80.

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 and other communication needs. The company serves consumers and hearing care professionals through activities spanning hearing aids, diagnostic equipment, hearing care services and specialized communications technology.

Its portfolio includes hearing aids and related software, audiological diagnostic instruments, and technologies used by hearing care professionals to assess and manage hearing conditions.