GN Store Nord (OTCMKTS:GNNDY) Given Average Recommendation of “Hold” by Analysts

Shares of GN Store Nord (OTCMKTS:GNNDY) have been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company.

Several brokerages recently weighed in on GNNDY. Jefferies Financial Group lowered shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Zacks Research lowered shares of GN Store Nord from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 12th.

GN Store Nord Price Performance

Shares of GNNDY opened at $51.22 on Tuesday. The firm has a market cap of $2.58 billion, a PE ratio of 24.86 and a beta of 1.86. The firm’s 50 day moving average price is $45.28 and its 200 day moving average price is $48.78. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.86 and a current ratio of 1.18. GN Store Nord has a twelve month low of $38.37 and a twelve month high of $57.22.

GN Store Nord (OTCMKTS:GNNDY) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.16). The business had revenue of $738.87 million for the quarter, compared to the consensus estimate of $760.79 million. GN Store Nord had a net margin of 3.97% and a return on equity of 6.31%. As a group, research analysts expect that GN Store Nord will post 4.05 EPS for the current fiscal year.

About GN Store Nord

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.