GN Store Nord (OTCMKTS:GNNDY) Given Consensus Rating of “Hold” by Brokerages

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

Several equities analysts have recently weighed in on GNNDY shares. Barclays upgraded GN Store Nord from an “equal weight” rating to an “overweight” rating in a report on Monday, November 24th. Jefferies Financial Group lowered GN Store Nord from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Finally, Zacks Research cut GN Store Nord from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 12th.

GN Store Nord Stock Performance

Shares of GNNDY opened at $44.25 on Friday. GN Store Nord has a 12 month low of $36.83 and a 12 month high of $57.22. The firm has a fifty day simple moving average of $47.60 and a 200 day simple moving average of $49.87. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 21.48 and a beta of 1.94. 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 (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 the consensus estimate 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 business had revenue of $738.87 million during the quarter, compared to analyst estimates of $760.79 million. Research analysts forecast that GN Store Nord will post 4.93 EPS for the current fiscal year.

GN Store Nord Company Profile

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.