Shares of GN Store Nord (OTCMKTS:GNNDY – Get Free Report) saw unusually-high trading volume on Tuesday. Approximately 1,550 shares traded hands during trading, an increase of 168% from the average daily volume of 579 shares. The stock last traded at $51.50 and had previously closed at $50.2285.
Analyst Ratings Changes
Separately, 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 investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on GN Store Nord
GN Store Nord Stock Up 2.5%
The company has a fifty day simple moving average of $46.54 and a 200-day simple moving average of $45.72. The firm has a market cap of $2.59 billion, a P/E ratio of -28.61 and a beta of 1.65. The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 0.78.
GN Store Nord (OTCMKTS:GNNDY – Get Free Report) last released its earnings results on Wednesday, August 19th. The company reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.41). GN Store Nord had a negative net margin of 4.32% and a negative return on equity of 2.44%. The business had revenue of $337.72 million for the quarter, compared to the consensus estimate of $334.16 million. On average, equities analysts anticipate that GN Store Nord will post 0.79 earnings per share for the current year.
GN Store Nord Company Profile
GN Store Nord A/S is a Danish technology company headquartered in Ballerup, Denmark. Founded in 1869 as the Great Northern Telegraph Company, it has evolved into a global provider of hearing, audio and communications technologies.
Through its GN Hearing business, the company develops and sells hearing aids, accessories and related solutions under brands including ReSound, Beltone and Interton. Its products are designed to support people with hearing loss and are distributed through hearing-care professionals and retail channels in markets around the world.
GN’s GN Audio business provides professional headsets, speakerphones, video-conferencing equipment and related communications software under the Jabra brand.
Recommended Stories
- Five stocks we like better than GN Store Nord
- Off-Price, High-Yield: Why Ross Stores Is Defying the Retail Slump
- Whirlpool’s Stock Collapse Raises a Bigger Question About Its Recovery Potential
- Analysts Turn Bullish on Meta Platforms Despite Post-Earnings Fall
- Approaching Earnings Season, Are Pure Play Quantum Stocks Still a Good Bet?
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.
