GN Store Nord (OTCMKTS:GNNDY) Cut to Hold at Zacks Research

Zacks Research downgraded shares of GN Store Nord (OTCMKTS:GNNDY) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

GN Store Nord Price Performance

OTCMKTS GNNDY opened at $54.10 on Tuesday. The stock’s 50 day moving average is $53.32 and its 200 day moving average is $47.43. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.14 and a quick ratio of 0.84. GN Store Nord has a 12 month low of $36.83 and a 12 month high of $64.33.

GN Store Nord (OTCMKTS:GNNDY) last announced its quarterly earnings data on Thursday, August 21st. The company reported $0.52 earnings per share (EPS) for the quarter. The business had revenue of $632.59 million during the quarter. GN Store Nord had a net margin of 5.19% and a return on equity of 8.49%. On average, research analysts expect that GN Store Nord will post 4.93 EPS for the current fiscal year.

About GN Store Nord

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.