Cochlear (OTCMKTS:CHEOY) Stock Price Up 1% – Here’s What Happened

Shares of Cochlear Limited (OTCMKTS:CHEOYGet Free Report) rose 1% on Wednesday . The stock traded as high as $87.90 and last traded at $87.66. Approximately 34,680 shares were traded during mid-day trading, an increase of 182% from the average daily volume of 12,281 shares. The stock had previously closed at $86.77.

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on Cochlear in a research report on Thursday, January 16th. They set a “neutral” rating on the stock.

Get Our Latest Analysis on Cochlear

Cochlear Trading Up 1.0 %

The firm has a fifty day simple moving average of $94.06 and a 200-day simple moving average of $97.28.

Cochlear Company Profile

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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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