GN Store Nord A/S (OTCMKTS:GNNDY) Issues Earnings Results

GN Store Nord A/S (OTCMKTS:GNNDY) posted its earnings results on Thursday. The company reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.22), Zacks reports. GN Store Nord A/S had a net margin of 3.67% and a return on equity of 10.62%.

GN Store Nord A/S Stock Performance

Shares of OTCMKTS GNNDY traded down $1.53 during midday trading on Thursday, reaching $62.80. 921 shares of the company traded hands, compared to its average volume of 346. GN Store Nord A/S has a 52 week low of $50.48 and a 52 week high of $98.18. The stock has a 50-day moving average price of $56.41 and a 200 day moving average price of $63.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.69 and a quick ratio of 0.45. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 31.88 and a beta of 1.42.

Analysts Set New Price Targets

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

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.