GN Store Nord (OTCMKTS:GNNDY – Get Free Report) shares saw strong trading volume on Tuesday. 1,550 shares were traded during mid-day trading, an increase of 168% from the average daily volume of 579 shares. The stock last traded at $51.50 and had previously closed at $50.2285.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of GN Store Nord from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, GN Store Nord has an average rating of “Hold”.
Read Our Latest Stock Analysis on GNNDY
GN Store Nord Price Performance
The company has a market cap of $2.59 billion, a PE ratio of -28.61 and a beta of 1.65. The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average price is $46.54 and its 200-day moving average price is $45.72.
GN Store Nord (OTCMKTS:GNNDY – Get Free Report) last issued its earnings results on Wednesday, August 19th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.41). GN Store Nord had a negative return on equity of 2.44% and a negative net margin of 4.32%. The firm had revenue of $337.72 million during the quarter, compared to analyst estimates of $334.16 million. As a group, analysts forecast that GN Store Nord will post 0.79 earnings per share for the current year.
GN Store Nord Company Profile
GN Store Nord A/S is a Danish technology company headquartered in Ballerup, Denmark. Founded in 1869 as the Great Northern Telegraph Company, it has evolved into a global provider of hearing, audio and communications technologies.
Through its GN Hearing business, the company develops and sells hearing aids, accessories and related solutions under brands including ReSound, Beltone and Interton. Its products are designed to support people with hearing loss and are distributed through hearing-care professionals and retail channels in markets around the world.
GN’s GN Audio business provides professional headsets, speakerphones, video-conferencing equipment and related communications software under the Jabra brand.
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