GN Store Nord (OTCMKTS:GNNDY) Stock Price Down 5.1% – Time to Sell?

GN Store Nord (OTCMKTS:GNNDY) traded down 5.1% during mid-day trading on Friday . The company traded as low as $43.60 and last traded at $43.60. 201 shares traded hands during trading, a decline of 64% from the average daily volume of 551 shares. The stock had previously closed at $45.94.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Citigroup reissued a “buy” rating on shares of GN Store Nord in a research note on Thursday, April 30th. Zacks Research raised GN Store Nord from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, GN Store Nord currently has an average rating of “Hold”.

GN Store Nord Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.01 and a quick ratio of 0.69. The company’s 50-day simple moving average is $42.81 and its 200-day simple moving average is $44.47. The company has a market cap of $2.22 billion, a price-to-earnings ratio of -24.48 and a beta of 1.64.

GN Store Nord (OTCMKTS:GNNDY) last announced its earnings results on Wednesday, August 19th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.41). GN Store Nord had a negative net margin of 4.32% and a negative return on equity of 2.42%. The business had revenue of $337.72 million for the quarter, compared to analyst estimates of $334.16 million. On average, equities research analysts anticipate that GN Store Nord will post 0.79 EPS for the current year.

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.