GN Store Nord A/S (OTCMKTS:GNNDY) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

GN Store Nord A/S (OTCMKTS:GNNDY) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $66.78 and traded as low as $57.98. GN Store Nord A/S shares last traded at $57.98, with a volume of 5 shares trading hands.

Analysts Set New Price Targets

Several 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 GN Store Nord A/S to a “strong sell” rating in a report on Monday, October 21st.

GN Store Nord A/S Stock Up 1.7 %

The business has a fifty day moving average of $66.15 and a 200 day moving average of $77.81. The company has a market capitalization of $2.97 billion, a PE ratio of 32.94 and a beta of 1.43. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.44.

GN Store Nord A/S (OTCMKTS:GNNDY) last posted its earnings results on Thursday, August 22nd. The company reported $0.29 earnings per share for the quarter. GN Store Nord A/S had a return on equity of 11.42% and a net margin of 3.29%. The firm had revenue of $649.20 million during the quarter. Equities research analysts anticipate that GN Store Nord A/S will post 3.68 EPS 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.