GN Store Nord (GNNDY) Expected to Announce Quarterly Earnings on Thursday

GN Store Nord (OTCMKTS:GNNDY) is anticipated to post its resultson Thursday, August 20th. Analysts expect GN Store Nord to announce earnings of $0.8430 per share and revenue of $608.14 million for the quarter.

GN Store Nord Stock Down 3.3%

Shares of OTCMKTS:GNNDY opened at $45.80 on Tuesday. The firm has a market capitalization of $2.30 billion, a PE ratio of -37.85 and a beta of 1.64. 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 52-week low of $39.45 and a 52-week high of $57.22. The firm has a fifty day moving average of $42.68 and a 200 day moving average of $44.62.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on GNNDY shares. Citigroup reaffirmed a “buy” rating on shares of GN Store Nord in a research note on Thursday, April 30th. Zacks Research upgraded GN Store Nord from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average 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.