|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||70.55 - 70.55|
|52 Week Range||43.94 - 84.40|
|Beta (5Y Monthly)||0.48|
|PE Ratio (TTM)||44.74|
|Forward Dividend & Yield||1.01 (1.42%)|
|Ex-Dividend Date||Mar 23, 2020|
|1y Target Est||N/A|
Cochlear Limited (ASX: COH), the global leader in implantable hearing solutions, is encouraging adults with hearing loss to utilize the Cochlear Hearing Aid Check, a new, free online tool that launches broadly this Healthy Aging Month. The tool allows adults with hearing aids who are struggling to hear to learn if they may benefit from a cochlear implant. The tool aims to help participants, particularly in the aging adult population, compare their hearing performance with hearing aids to people with a cochlear implant, and depending on their results, to seek further hearing healthcare advice to treat their loss.
Australian shares closed lower on Wednesday, dragged down by the healthcare sector, as a record surge in COVID-19 cases in the country dented investor sentiment. Australia recorded 501 new coronavirus infections in the past 24 hours, its highest since the epidemic took hold in March, with Victoria state, of which Melbourne is the capital, accounting for almost 97% of the new cases. "The fact that metro Melbourne, which is about 5 million people, has already been in a lockdown for the last couple of weeks and still not seeing a drop in cases is probably something to be a little concerned about," said Steven Daghlian, market analyst at CommSec.
With a price-to-earnings (or "P/E") ratio of 36x Cochlear Limited (ASX:COH) may be sending very bearish signals at the...