GN Store Nord (OTCMKTS:GNNDY) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

Shares of GN Store Nord (OTCMKTS:GNNDY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $50.1450, but opened at $47.62. GN Store Nord shares last traded at $47.62, with a volume of 100 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded GN Store Nord from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Check Out Our Latest Stock Report on GN Store Nord

GN Store Nord Stock Performance

The company’s 50-day moving average is $45.49 and its two-hundred day moving average is $44.61. The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 0.78. The company has a market cap of $2.40 billion, a P/E ratio of -26.46 and a beta of 1.65.

GN Store Nord (OTCMKTS:GNNDY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.41). GN Store Nord had a negative net margin of 4.32% and a negative return on equity of 2.44%. The firm had revenue of $337.72 million during the quarter, compared to analysts’ expectations of $334.16 million. Equities analysts predict that GN Store Nord will post 0.79 EPS for the current year.

About GN Store Nord

(Get Free Report)

GN Store Nord A/S is a Denmark-based technology company that develops solutions for hearing, audio and communications. The group is headquartered in Ballerup, Denmark, and serves consumers, businesses and hearing-care professionals in markets worldwide.

Through GN Hearing, the company designs and supplies hearing aids, wireless accessories, audiology products and related support services. Its hearing solutions are marketed under brands including ReSound, Beltone and Interton, and are distributed through hearing-care providers, retail channels and other professional networks.

GN Audio develops professional and consumer audio products, including headsets, earbuds, speakerphones and video-conferencing equipment.

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