Sonova Holding traded at 193.75 this Monday February 23rd, decreasing 2.25 or 1.15 percent since the previous trading session. Looking back, over the last four weeks, Sonova Holding lost 11.77 percent. Over the last 12 months, its price fell by 33.76 percent. Looking ahead, we forecast Sonova Holding to be priced at 191.24 by the end of this quarter and at 177.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sonova Holding AG is a Switzerland-based company operating in the healthcare sector. The Company, along with its subsidiaries, designs, develops, manufactures, distributes and services hearing systems for adults and children with hearing impairment. The Company is active in two operating segments: the Hearing instruments segment includes the companies that are active in the design, development, manufacture, distribution and service of hearing instruments and related products, and the Cochlear implants segment includes the companies that are active in the design, development, manufacture, distribution and service of hearing implants and related products. It operates worldwide and distributes its products in over 90 countries through its own distribution network and through independent distributors. Sonova Holding AG is the holding company of the Sonova Group and operates the wholly owned subsidiaries Comfort Audio GmbH and Hansaton Akustik GmbH.