GN Store Nord A/S (OTCMKTS:GNNDY) Reaches New 12-Month Low – Time to Sell?

GN Store Nord A/S (OTCMKTS:GNNDY)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $51.54 and last traded at $51.54, with a volume of 343 shares trading hands. The stock had previously closed at $54.96.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GNNDY. The Goldman Sachs Group upgraded shares of GN Store Nord A/S to a “strong sell” rating in a research note on Monday, October 21st. Hsbc Global Res raised GN Store Nord A/S to a “hold” rating in a research note on Friday, September 13th.

GN Store Nord A/S Stock Down 6.2 %

The firm’s 50-day simple moving average is $57.04 and its two-hundred day simple moving average is $67.16. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 26.16 and a beta of 1.40. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.47 and a current ratio of 0.69.

GN Store Nord A/S (OTCMKTS:GNNDY) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.82 earnings per share for the quarter. GN Store Nord A/S had a net margin of 3.67% and a return on equity of 10.62%. The business had revenue of $613.40 million during the quarter. On average, sell-side analysts expect that GN Store Nord A/S will post 3.6 EPS for the current fiscal year.

About GN Store Nord A/S

GN Store Nord A/S provides hearing, audio, video, and gaming solutions in Denmark, rest of Europe, North America, and internationally. The company operates through GN Hearing and GN Audio segments. The GN Hearing segment produces and sells hearing instruments and products. The GN Audio segment supplies headsets, video cameras, and speakerphones for professional use and consumer products.