GN Store Nord (OTCMKTS:GNNDY) Issues Earnings Results

GN Store Nord (OTCMKTS:GNNDY) released its earnings results on Thursday. The company reported $0.23 EPS for the quarter, Zacks reports. GN Store Nord had a return on equity of 8.49% and a net margin of 5.19%.

GN Store Nord Trading Down 1.0%

Shares of GNNDY traded down $0.52 during trading hours on Thursday, hitting $49.61. The company had a trading volume of 1,015 shares, compared to its average volume of 528. The firm has a market cap of $2.50 billion, a P/E ratio of 18.86 and a beta of 1.81. The stock’s 50 day moving average price is $53.54 and its 200 day moving average price is $48.20. The company has a quick ratio of 0.84, a current ratio of 1.14 and a debt-to-equity ratio of 0.83. GN Store Nord has a 52-week low of $36.83 and a 52-week high of $64.33.

Analysts Set New Price Targets

A number of research firms recently commented on GNNDY. Citigroup reissued a “buy” rating on shares of GN Store Nord in a research note on Thursday, October 23rd. Zacks Research downgraded GN Store Nord from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

GN Store Nord 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.