Demant A/S (OTCMKTS:WILYY) Shares Gap Up – Here’s What Happened
by Scott Moore · The Cerbat GemDemant A/S Unsponsored ADR (OTCMKTS:WILYY – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $16.30, but opened at $17.1212. Demant A/S shares last traded at $17.1212, with a volume of 213 shares traded.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group raised Demant A/S from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on WILYY
Demant A/S Stock Up 3.1%
The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.65. The stock has a fifty day moving average price of $14.28 and a 200-day moving average price of $16.10.
Demant A/S Company Profile
Demant A/S is a Denmark-based global hearing health care company specializing in the development, manufacture and distribution of hearing solutions and audiological diagnostic instruments. The company’s flagship brands include Oticon, Bernafon and Sonic, which offer a range of hearing aids designed to address various levels of hearing loss. In addition to personal hearing devices, Demant provides diagnostic equipment such as audiometers and tympanometers, supporting hearing care professionals in accurate assessment and fitting of hearing solutions.
Beyond hearing aids and diagnostics, Demant’s product portfolio extends to hearing implants—cochlear and bone-anchored systems—through its Oticon Medical division.