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

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

Several brokerages have recently commented on GNNDY. Jefferies Financial Group cut shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Zacks Research cut GN Store Nord from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th.

GN Store Nord Trading Up 1.5%

GNNDY stock opened at $44.35 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.86 and a current ratio of 1.18. The company’s 50-day simple moving average is $46.79 and its 200 day simple moving average is $49.67. GN Store Nord has a 52 week low of $36.83 and a 52 week high of $57.22. The company has a market capitalization of $2.23 billion, a PE ratio of 21.53 and a beta of 1.94.

GN Store Nord (OTCMKTS:GNNDY) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.16). The business had revenue of $738.87 million during the quarter, compared to analyst estimates of $760.79 million. GN Store Nord had a return on equity of 6.31% and a net margin of 3.97%. As a group, sell-side analysts anticipate that GN Store Nord will post 4.93 earnings per share 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.