Cochlear Limited (ASX:COH) shares dropped 1.2% during trading on Monday . The company traded as low as A$201.36 ($142.81) and last traded at A$201.83 ($143.14). Approximately 181,507 shares were traded during trading, a decline of 7% from the average daily volume of 194,422 shares. The stock had previously closed at A$204.23 ($144.84).

The firm has a market capitalization of $11.65 billion and a P/E ratio of 44.14. The company has a quick ratio of 1.22, a current ratio of 1.85 and a debt-to-equity ratio of 25.25. The firm’s fifty day simple moving average is A$195.93.

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About Cochlear (ASX:COH)

Cochlear Limited provides implantable hearing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers cochlear implants, including Nucleus 7 and Kanso sound processors; Carina middle-ear implants and accessories; and Baha bone conduction implants, such as Baha attract system, Baha connect system, Baha softband, Baha 5 sound processor, Baha 5 power, Baha 5 superpower, other sound processors, and wireless accessories.

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