GN Store Nord A/S (OTCMKTS:GNNDY) Reaches New 1-Year Low – Should You Sell?

GN Store Nord A/S (OTCMKTS:GNNDY)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $55.45 and last traded at $55.45, with a volume of 93 shares. The stock had previously closed at $57.59.

Analyst Upgrades and Downgrades

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

GN Store Nord A/S Stock Down 3.7 %

The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 29.23 and a beta of 1.44. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The stock has a 50 day moving average price of $63.83 and a 200 day moving average price of $76.51.

GN Store Nord A/S (OTCMKTS:GNNDY) last released its earnings results on Thursday, November 7th. The company reported $0.82 EPS for the quarter. GN Store Nord A/S had a return on equity of 10.74% and a net margin of 3.67%. The business had revenue of $613.40 million during the quarter. As a group, analysts forecast that GN Store Nord A/S will post 3.6 EPS for the current 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.