Demant A/S (OTCMKTS:WILLF) Stock Price Down 4.2%

Demant A/S (OTCMKTS:WILLF – Get Rating) was down 4.2% during mid-day trading on Thursday . The company traded as low as $38.64 and last traded at $38.64. Approximately 332 shares changed hands during trading, a decline of 48% from the average daily volume of 633 shares. The stock had previously closed at $40.35.

Analyst Upgrades and Downgrades

Separately, HSBC downgraded shares of Demant A/S from a “buy” rating to a “hold” rating in a research note on Monday, February 20th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $201.00.

Demant A/S Stock Performance

The stock’s 50 day moving average price is $36.60 and its 200-day moving average price is $31.19.

Demant A/S Company Profile

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Demant A/S engages in the development, manufacture, and sale of products and equipment designed to aid the hearing and communication of individuals. It operates through the Hearing Healthcare and Communications segments. The Hearing Healthcare segment focuses on the following business areas: Hearing Aids, Hearing Care, and Diagnostics, which provide hearing Healthcare solutions involving manufacturing, servicing, and sale of hearing aids, diagnostics products, and services.