GN Store Nord A/S (OTCMKTS:GNNDY) Shares Pass Below 50-Day Moving Average - Here's Why

Shares of GN Store Nord A/S (OTCMKTS:GNNDY - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $56.15 and traded as low as $50.81. GN Store Nord A/S shares last traded at $51.40, with a volume of 842 shares traded.

Analyst Ratings Changes

Separately, 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 Price Performance

The company has a current ratio of 0.69, a quick ratio of 0.45 and a debt-to-equity ratio of 0.40. The business's 50 day moving average price is $56.15 and its two-hundred day moving average price is $65.47. The stock has a market cap of $2.59 billion, a P/E ratio of 26.09 and a beta of 1.40.

GN Store Nord A/S (OTCMKTS:GNNDY - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.82 earnings per share for the quarter. GN Store Nord A/S had a return on equity of 10.62% and a net margin of 3.67%. The business had revenue of $613.40 million for the quarter. As a group, sell-side analysts expect that GN Store Nord A/S will post 3.56 earnings per share 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.