GN Store Nord A/S (OTCMKTS:GNNDY) Hits New 12-Month Low – Here’s Why

Shares of GN Store Nord A/S (OTCMKTS:GNNDY) 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 changing hands. The stock had previously closed at $57.59.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on GNNDY shares. Hsbc Global Res raised shares of GN Store Nord A/S to a “hold” rating in a research 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 3.7 %

The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 29.23 and a beta of 1.44. The business has a 50-day moving average price of $63.83 and a 200-day moving average price of $76.51.

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