GN Store Nord A/S (OTCMKTS:GNNDY) Sets New 52-Week Low – Time to Sell?

GN Store Nord A/S (OTCMKTS:GNNDY)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $53.50 and last traded at $53.50, with a volume of 30 shares trading hands. The stock had previously closed at $55.35.

Wall Street Analyst Weigh In

GNNDY has been the topic of a number of analyst reports. The Goldman Sachs Group raised GN Store Nord A/S to a “strong sell” rating in a research note on Monday, October 21st. Hsbc Global Res raised shares of GN Store Nord A/S to a “hold” rating in a research report on Friday, September 13th.

GN Store Nord A/S Stock Performance

The firm’s 50-day simple moving average is $58.41 and its two-hundred day simple moving average is $71.69. The stock has a market capitalization of $2.69 billion, a PE ratio of 28.10 and a beta of 1.43. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 0.40.

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. The business had revenue of $613.40 million for the quarter. GN Store Nord A/S had a return on equity of 10.62% and a net margin of 3.67%. On average, equities research analysts expect that GN Store Nord A/S will post 3.6 earnings per share for the current fiscal year.

GN Store Nord A/S Company Profile

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.