GN Store Nord (OTCMKTS:GNNDY) Short Interest Update

GN Store Nord (OTCMKTS:GNNDYGet Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 315 shares, a drop of 39.5% from the April 30th total of 521 shares. Based on an average trading volume of 565 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

GNNDY has been the topic of several research analyst reports. Jefferies Financial Group downgraded shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Citigroup reiterated a “buy” rating on shares of GN Store Nord in a report on Thursday, April 30th. Finally, Zacks Research upgraded shares of GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on GN Store Nord

GN Store Nord Price Performance

GN Store Nord stock opened at $44.28 on Thursday. GN Store Nord has a 52-week low of $39.78 and a 52-week high of $57.22. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.79. The firm’s fifty day moving average is $45.77 and its 200 day moving average is $47.25. The company has a market cap of $2.23 billion, a price-to-earnings ratio of -36.59 and a beta of 1.65.

GN Store Nord (OTCMKTS:GNNDYGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($1.43) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($1.92). GN Store Nord had a positive return on equity of 1.30% and a negative net margin of 2.53%.The business had revenue of $606.94 million during the quarter, compared to analysts’ expectations of $614.94 million. Sell-side analysts forecast that GN Store Nord will post 0.79 EPS for the current fiscal year.

GN Store Nord Company Profile

(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.

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