GN Store Nord (OTCMKTS:GNNDY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of GN Store Nord (OTCMKTS:GNNDY) have earned an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several equities research analysts have recently commented on GNNDY shares. Jefferies Financial Group lowered GN Store Nord from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Zacks Research lowered GN Store Nord from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th.

GN Store Nord Stock Down 1.3%

Shares of GNNDY stock opened at $44.10 on Friday. GN Store Nord has a 12 month low of $36.83 and a 12 month high of $57.22. The stock has a market cap of $2.22 billion, a P/E ratio of 21.41 and a beta of 1.94. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.79. The company has a 50 day simple moving average of $47.21 and a two-hundred day simple moving average of $49.75.

GN Store Nord (OTCMKTS:GNNDY) last released its quarterly earnings results on Thursday, February 5th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.16). The business had revenue of $738.87 million during the quarter, compared to the consensus estimate of $760.79 million. GN Store Nord had a return on equity of 6.31% and a net margin of 3.97%. On average, research analysts expect that GN Store Nord will post 4.93 earnings per share for the current year.

About GN Store Nord

GN Store Nord A/S is a Denmark‐based technology company specializing in intelligent audio solutions. The group operates through two primary business units: GN Hearing, which develops and manufactures advanced hearing aids and associated hearing care technologies, and GN Audio, which produces professional and consumer headsets under the Jabra brand. GN Store Nord’s product portfolio spans digital hearing devices, wireless headsets, speakerphones and earbuds, all designed to enhance communication and improve listening experiences for individuals and enterprises alike.

Under the GN Hearing division, the company offers a range of hearing aids and wireless accessories that leverage digital signal processing, artificial intelligence and direct audio streaming.