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

GN Store Nord A/S (OTCMKTS:GNNDY)’s stock price hit a new 52-week low on Tuesday . The company traded as low as $55.45 and last traded at $55.45, with a volume of 93 shares traded. The stock had previously closed at $57.59.

Analysts Set New Price Targets

GNNDY has been the subject of several research reports. The Goldman Sachs Group raised shares of GN Store Nord A/S to a “strong sell” rating in a research report on Monday, October 21st. Hsbc Global Res raised GN Store Nord A/S to a “hold” rating in a research report on Friday, September 13th.

GN Store Nord A/S Stock Performance

The stock has a market cap of $2.78 billion, a P/E ratio of 27.91 and a beta of 1.44. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.44. The company’s 50-day simple moving average is $62.90 and its 200 day simple moving average is $75.91.

GN Store Nord A/S (OTCMKTS:GNNDY) last announced its earnings results on Thursday, November 7th. The company reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $613.40 million during the quarter. GN Store Nord A/S had a return on equity of 10.74% and a net margin of 3.67%. As a group, sell-side analysts expect that GN Store Nord A/S will post 3.6 EPS for the current fiscal year.

GN Store Nord A/S Company Profile

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.