GN Store Nord (OTCMKTS:GNNDY) Trading Down 1.3% – What’s Next?

Shares of GN Store Nord (OTCMKTS:GNNDY) fell 1.3% during trading on Thursday . The stock traded as low as $54.58 and last traded at $54.58. 1,172 shares changed hands during mid-day trading, an increase of 555% from the average session volume of 179 shares. The stock had previously closed at $55.28.

Analyst Ratings Changes

A number of brokerages have commented on GNNDY. Royal Bank Of Canada upgraded shares of GN Store Nord to a “hold” rating in a research note on Tuesday, November 18th. Citigroup reiterated a “buy” rating on shares of GN Store Nord in a report on Thursday, October 23rd. Barclays upgraded GN Store Nord from an “equal weight” rating to an “overweight” rating in a report on Monday, November 24th. Finally, Zacks Research cut GN Store Nord from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Two investment 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 a consensus rating of “Hold”.

GN Store Nord Stock Performance

The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.82 and a current ratio of 1.14. The company’s fifty day moving average is $49.33 and its 200-day moving average is $50.27.

GN Store Nord (OTCMKTS:GNNDY) last announced its earnings results on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.41). GN Store Nord had a net margin of 4.05% and a return on equity of 6.49%. The company had revenue of $611.77 million for the quarter, compared to the consensus estimate of $622.58 million. Sell-side analysts anticipate that GN Store Nord will post 4.93 earnings per share for the current fiscal year.

GN Store Nord Company Profile

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.