GN Store Nord (OTCMKTS:GNNDY) Releases Earnings Results, Misses Estimates By $1.49 EPS

GN Store Nord (OTCMKTS:GNNDY) posted its quarterly earnings data on Wednesday. The company reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($1.49), 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 Stock Performance

Shares of GNNDY stock traded up $1.40 on Wednesday, hitting $46.89. The company’s stock had a trading volume of 531 shares, compared to its average volume of 552. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 1.01. The company has a market capitalization of $2.36 billion, a PE ratio of -38.75 and a beta of 1.64. The stock’s 50 day moving average is $42.73 and its 200-day moving average is $44.58. GN Store Nord has a fifty-two week low of $39.45 and a fifty-two week high of $57.22.

Analyst Ratings Changes

GNNDY has been the topic of several recent research reports. Citigroup reiterated a “buy” rating on shares of GN Store Nord in a report on Thursday, April 30th. Zacks Research upgraded shares of 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 given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average 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.