GN Store Nord A/S (OTCMKTS:GNNDY) Hits New 52-Week Low – Here’s Why

GN Store Nord A/S (OTCMKTS:GNNDY) reached a new 52-week low on Friday . The stock traded as low as $51.54 and last traded at $51.54, with a volume of 343 shares trading hands. The stock had previously closed at $54.96.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. The Goldman Sachs Group upgraded 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 research report on Friday, September 13th.

GN Store Nord A/S Trading Down 6.2 %

The business’s 50 day moving average price is $57.04 and its 200-day moving average price is $67.16. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 26.16 and a beta of 1.40. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.47 and a current ratio of 0.69.

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