Cochlear Limited (OTCMKTS:CHEOY – Get Free Report)’s stock price traded down 1.5% during mid-day trading on Wednesday . The company traded as low as $102.43 and last traded at $103.10. 3,925 shares changed hands during trading, an increase of 16% from the average session volume of 3,371 shares. The stock had previously closed at $104.63.
Cochlear Trading Down 1.5 %
The stock has a fifty day moving average price of $108.18 and a 200-day moving average price of $98.37.
Cochlear Cuts Dividend
The business also recently declared a dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, March 22nd were issued a $0.0336 dividend. This represents a yield of 1%. The ex-dividend date was Thursday, March 21st.
About Cochlear
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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