GN Store Nord (OTCMKTS:GNNDY) Posts Earnings Results, Misses Expectations By $1.63 EPS

GN Store Nord (OTCMKTS:GNNDY) issued its quarterly earnings data on Wednesday. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of $0.94 by ($1.63), Zacks reports. GN Store Nord had a positive return on equity of 1.31% and a negative net margin of 2.53%.

GN Store Nord Trading Up 2.7%

GNNDY opened at $46.73 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 1.01. GN Store Nord has a one year low of $39.45 and a one year high of $57.22. The business’s 50-day simple moving average is $42.82 and its 200-day simple moving average is $44.54. The company has a market cap of $2.35 billion, a P/E ratio of -38.62 and a beta of 1.64.

Analyst Ratings Changes

A number of brokerages have issued reports on GNNDY. Citigroup reissued a “buy” rating on shares of GN Store Nord in a research report on Thursday, April 30th. Zacks Research raised GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, GN Store Nord currently has a consensus rating of “Hold”.

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.