GN Store Nord (OTCMKTS:GNNDY – Get Free Report) shares saw an uptick in trading volume on Wednesday. Approximately 610 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 574 shares. The stock last traded at $49.59 and had previously closed at $47.81.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, GN Store Nord presently has a consensus rating of “Hold”.
View Our Latest Stock Report on GN Store Nord
GN Store Nord Trading Up 3.7%
The business’s fifty day moving average is $47.08 and its 200-day moving average is $45.59. The stock has a market capitalization of $2.49 billion, a PE ratio of -27.55 and a beta of 1.74. 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 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 company had revenue of $337.72 million for the quarter, compared to analysts’ expectations of $334.16 million. GN Store Nord had a negative net margin of 4.32% and a negative return on equity of 2.44%. As a group, analysts anticipate that GN Store Nord will post 0.79 EPS for the current fiscal 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.
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