GN Store Nord (OTCMKTS:GNNDY) Shares Down 5.1% – Should You Sell?

GN Store Nord (OTCMKTS:GNNDYGet Free Report)’s share price was down 5.1% during trading on Friday . The company traded as low as $43.60 and last traded at $43.60. Approximately 201 shares traded hands during trading, a decline of 64% from the average daily volume of 551 shares. The stock had previously closed at $45.94.

Analyst Ratings Changes

GNNDY has been the topic of a number of recent analyst reports. Citigroup reissued a “buy” rating on shares of GN Store Nord in a research report on Thursday, April 30th. Zacks Research upgraded shares of GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

View Our Latest Report on GNNDY

GN Store Nord Stock Up 5.0%

The firm has a market capitalization of $2.22 billion, a PE ratio of -24.48 and a beta of 1.64. The business’s fifty day moving average price is $42.81 and its 200 day moving average price is $44.47. The company has a quick ratio of 0.69, a current ratio of 1.01 and a debt-to-equity ratio of 0.79.

GN Store Nord (OTCMKTS:GNNDYGet Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.41). The firm had revenue of $337.72 million during the quarter, compared to analyst estimates of $334.16 million. GN Store Nord had a negative net margin of 4.32% and a negative return on equity of 2.42%. On average, equities research analysts forecast that GN Store Nord will post 0.79 earnings per share for the current fiscal year.

About GN Store Nord

(Get Free Report)

GN Store Nord A/S is a Denmark‐based technology company specializing in intelligent audio solutions. The group operates through two primary business units: GN Hearing, which develops and manufactures advanced hearing aids and associated hearing care technologies, and GN Audio, which produces professional and consumer headsets under the Jabra brand. GN Store Nord’s product portfolio spans digital hearing devices, wireless headsets, speakerphones and earbuds, all designed to enhance communication and improve listening experiences for individuals and enterprises alike.

Under the GN Hearing division, the company offers a range of hearing aids and wireless accessories that leverage digital signal processing, artificial intelligence and direct audio streaming.

Read More

Receive News & Ratings for GN Store Nord Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GN Store Nord and related companies with MarketBeat.com's FREE daily email newsletter.