GN Store Nord A/S (OTCMKTS:GNNDY) Trading Down 4.9% – Here’s Why

Shares of GN Store Nord A/S (OTCMKTS:GNNDY) fell 4.9% on Monday . The stock traded as low as $55.35 and last traded at $55.35. 10 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 509 shares. The stock had previously closed at $58.20.

Analysts Set New Price Targets

A number of equities analysts have issued reports on GNNDY shares. Hsbc Global Res upgraded GN Store Nord A/S to a “hold” rating in a report on Friday, September 13th. 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.

GN Store Nord A/S Stock Down 4.9 %

The company has a quick ratio of 0.47, a current ratio of 0.69 and a debt-to-equity ratio of 0.40. The company’s fifty day moving average price is $58.41 and its 200-day moving average price is $71.69. The stock has a market capitalization of $2.78 billion, a PE ratio of 28.10 and a beta of 1.43.

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