GN Store Nord (OTCMKTS:GNNDY) Posts Earnings Results

GN Store Nord (OTCMKTS:GNNDY) released its quarterly earnings data on Thursday. The company reported $1.10 EPS for the quarter, Zacks reports. GN Store Nord had a return on equity of 6.49% and a net margin of 4.05%.

GN Store Nord Stock Performance

OTCMKTS GNNDY traded down $6.32 during trading on Thursday, hitting $44.26. The stock had a trading volume of 1,709 shares, compared to its average volume of 292. GN Store Nord has a 12 month low of $36.83 and a 12 month high of $64.27. The company has a current ratio of 1.14, a quick ratio of 0.82 and a debt-to-equity ratio of 0.81. The company’s 50-day moving average price is $50.86 and its two-hundred day moving average price is $50.75.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GNNDY shares. Citigroup restated a “buy” rating on shares of GN Store Nord in a research report on Thursday, October 23rd. Royal Bank Of Canada upgraded shares of GN Store Nord to a “hold” rating in a report on Tuesday, November 18th. Barclays raised shares of GN Store Nord from an “equal weight” rating to an “overweight” rating in a research note on Monday, November 24th. Finally, Zacks Research cut shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

About GN Store Nord

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.