GN Store Nord (OTCMKTS:GNNDY) Given Average Recommendation of “Hold” by Analysts

GN Store Nord (OTCMKTS:GNNDY) has earned a consensus recommendation of “Hold” from the six brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company.

A number of research analysts have issued reports on GNNDY shares. Zacks Research lowered shares of GN Store Nord from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Jefferies Financial Group lowered shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th.

GN Store Nord Trading Up 2.7%

Shares of GN Store Nord stock opened at $49.43 on Tuesday. 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 $38.37 and a 12-month high of $57.22. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 24.00 and a beta of 1.86. The firm’s 50 day simple moving average is $45.08 and its two-hundred day simple moving average is $48.80.

GN Store Nord (OTCMKTS:GNNDY) last issued its quarterly earnings results on Thursday, February 5th. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.16). GN Store Nord had a net margin of 3.97% and a return on equity of 6.31%. The company had revenue of $738.87 million for the quarter, compared to analyst estimates of $760.79 million. Analysts predict that GN Store Nord will post 4.93 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.