Zacks Investment Research cut shares of GN STORE NORD SPON ADR EA REPR 3 (NASDAQ:GNNDY) from a hold rating to a sell rating in a research report sent to investors on Tuesday.

According to Zacks, “GN Store Nord A/S offers medical hearing instruments, professional and consumer headsets. The Company’s operating segments include GN Netcom, GN ReSound and Others. GN Netcom segment sells hands-free communications solutions in the form of headsets for mobile phones and traditional phones. GN ReSound segment operates within the hearing instrument industry, and produces and sells hearing healthcare instruments and related products. It offers hearing aids and accessories under the ReSound, Beltone and Interton brand names. GN Store Nord A/S is based in Ballerup, Denmark. “

Shares of GN STORE NORD SPON ADR EA REPR 3 (NASDAQ:GNNDY) remained flat at $59.70 during mid-day trading on Tuesday. GN STORE NORD SPON ADR EA REPR 3 has a 52-week low of $52.96 and a 52-week high of $64.64. The company has a market cap of $2.89 billion and a PE ratio of 21.06. The firm’s 50 day moving average is $60.18 and its 200 day moving average is $62.18.

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