GN Store Nord A/S (OTCMKTS:GNNDY) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

GN Store Nord A/S (OTCMKTS:GNNDY) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $56.15 and traded as low as $50.81. GN Store Nord A/S shares last traded at $51.40, with a volume of 842 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded GN Store Nord A/S to a “strong sell” rating in a research report on Monday, October 21st.

GN Store Nord A/S Trading Up 1.1 %

The business’s 50 day moving average price is $56.15 and its 200-day moving average price is $65.71. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 16.63 and a beta of 1.40. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.45 and a current ratio of 0.69.

GN Store Nord A/S (OTCMKTS:GNNDY) last issued its earnings results on Thursday, November 7th. The company reported $0.82 earnings per share (EPS) for the quarter. The business had revenue of $613.40 million during the quarter. GN Store Nord A/S had a return on equity of 10.62% and a net margin of 3.67%. On average, research analysts forecast that GN Store Nord A/S will post 3.56 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.