GN Store Nord (OTCMKTS:GNNDY) Shares Down 1.5% – Should You Sell?

GN Store Nord (OTCMKTS:GNNDY)’s stock price was down 1.5% during trading on Wednesday . The stock traded as low as $41.9585 and last traded at $41.9585. 26 shares were traded during trading, a decline of 97% from the average session volume of 870 shares. The stock had previously closed at $42.5850.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of GN Store Nord in a research report on Thursday, April 30th. Zacks Research upgraded GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

GN Store Nord Stock Performance

The firm has a market cap of $2.10 billion, a P/E ratio of -34.47 and a beta of 1.65. 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 business’s 50-day simple moving average is $42.43 and its 200 day simple moving average is $45.59.

GN Store Nord (OTCMKTS:GNNDY) last announced its earnings results on Thursday, May 7th. The company reported ($1.43) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($1.92). GN Store Nord had a negative net margin of 2.53% and a positive return on equity of 1.31%. The business had revenue of $606.94 million for the quarter, compared to analysts’ expectations of $614.94 million. As a group, equities analysts predict that GN Store Nord will post 0.79 earnings per share for the current year.

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.