GN Store Nord A/S (OTCMKTS:GNNDY – Get Rating) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 8,400 shares, a growth of 75.0% from the April 30th total of 4,800 shares. Based on an average trading volume of 12,100 shares, the short-interest ratio is presently 0.7 days.
A number of brokerages have commented on GNNDY. Zacks Investment Research downgraded shares of GN Store Nord A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, May 17th. Credit Suisse Group lowered their price target on shares of GN Store Nord A/S from 370.00 to 295.00 and set a “neutral” rating for the company in a research report on Friday, May 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of GN Store Nord A/S from 522.00 to 538.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 29th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $322.67.
Shares of GNNDY opened at $116.25 on Friday. The company has a 50 day moving average price of $119.65 and a 200-day moving average price of $152.61. GN Store Nord A/S has a fifty-two week low of $91.25 and a fifty-two week high of $286.11. The stock has a market capitalization of $5.32 billion, a PE ratio of 15.42 and a beta of 0.70. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.64 and a current ratio of 1.95.
GN Store Nord A/S Company Profile (Get Rating)
GN Store Nord A/S develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer technology solutions in Denmark, rest of Europe, North America, and internationally. It operates in two segments, GN Hearing and GN Audio. The GN Hearing segment produces and sells hearing instruments and products.
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