Shares of Cochlear Limited (OTCMKTS:CHEOF – Get Free Report) dropped 2.1% during trading on Thursday . The company traded as low as $172.58 and last traded at $172.58. Approximately 71 shares traded hands during trading, a decline of 52% from the average daily volume of 149 shares. The stock had previously closed at $176.3050.
Cochlear Stock Performance
The business’s fifty day simple moving average is $181.45 and its 200-day simple moving average is $189.00.
About Cochlear
Cochlear (OTCMKTS:CHEOF) is a global medical device company specializing in implantable hearing solutions. The company researches, develops, manufactures and markets cochlear implants, bone conduction hearing devices and acoustic implants designed to improve hearing outcomes for individuals with varying degrees of hearing loss. Cochlear’s product portfolio includes implant processors, electrode arrays and sound processor accessories, supported by proprietary digital signal processing technologies.
Founded in 1981 and headquartered in Sydney, Australia, Cochlear has grown into a multi-national organization with operations in North America, Europe, Asia Pacific and Latin America.
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