GN Store Nord (OTCMKTS:GNNDY) Stock Rating Upgraded by Zacks Research

GN Store Nord (OTCMKTS:GNNDY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other research firms have also issued reports on GNNDY. Jefferies Financial Group lowered shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Citigroup restated a “buy” rating on shares of GN Store Nord in a report on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

GN Store Nord Price Performance

GN Store Nord stock opened at $42.68 on Monday. The firm has a 50-day moving average price of $45.53 and a 200-day moving average price of $47.68. The firm has a market capitalization of $2.15 billion, a PE ratio of -35.27 and a beta of 1.66. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.79. GN Store Nord has a 12-month low of $39.78 and a 12-month high of $57.22.

GN Store Nord (OTCMKTS:GNNDY) last released its earnings results on Thursday, May 7th. The company reported ($1.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($1.92). The firm had revenue of $606.94 million during the quarter, compared to the consensus estimate of $614.94 million. GN Store Nord had a positive return on equity of 1.30% and a negative net margin of 2.53%. As a group, equities research analysts forecast that GN Store Nord will post 4.05 EPS 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.