GN Store Nord A/S (OTCMKTS:GNNDY) Hits New 1-Year Low – Here’s What Happened

GN Store Nord A/S (OTCMKTS:GNNDY) hit a new 52-week low on Tuesday . The stock traded as low as $53.50 and last traded at $53.50, with a volume of 30 shares. The stock had previously closed at $55.35.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GNNDY. The Goldman Sachs Group upgraded shares of GN Store Nord A/S to a “strong sell” rating in a research note on Monday, October 21st. Hsbc Global Res upgraded GN Store Nord A/S to a “hold” rating in a report on Friday, September 13th.

GN Store Nord A/S Stock Up 6.4 %

The firm has a market capitalization of $2.86 billion, a PE ratio of 28.90 and a beta of 1.43. The business’s fifty day moving average price is $58.04 and its 200 day moving average price is $71.31. The company has a quick ratio of 0.47, a current ratio of 0.69 and a debt-to-equity ratio of 0.40.

GN Store Nord A/S (OTCMKTS:GNNDY) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.82 EPS for the quarter. The company had revenue of $613.40 million during the quarter. GN Store Nord A/S had a net margin of 3.67% and a return on equity of 10.62%. On average, equities research analysts forecast that GN Store Nord A/S will post 3.6 earnings per share for the current fiscal year.

About GN Store Nord A/S

GN Store Nord A/S provides hearing, audio, video, and gaming solutions in Denmark, rest of Europe, North America, and internationally. The company operates through GN Hearing and GN Audio segments. The GN Hearing segment produces and sells hearing instruments and products. The GN Audio segment supplies headsets, video cameras, and speakerphones for professional use and consumer products.