Business
Is the Cochlear (ASX:COH) share price in the buy zone?
The Cochlear Limited (ASX: COH) share price has been a strong performer so far in 2021.
Since the start of the year, the hearing solutions company’s shares are up a sizeable 16%.
Why is the Cochlear share price charging higher?
The Cochlear share price was given a major boost earlier this month from the release of a better than expected half year result.
For the six months ended 31 December, the company reported a 4% decline in sales to $742.8 million. This followed a big improvement in the second quarter which saw constant currency sales increase 7% over the prior corresponding period.
On the bottom line, the company posted a 6% decline in underlying net profit to $125.3 million. Management advised that this reflected a recovery…
-
Noosa News11 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
General10 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News4 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News11 hours agoDetectives continue to search for answers on Crystal Beale’s death