GN Store Nord A/S (OTCMKTS:GNNDY) Stock Passes Below 50-Day Moving Average - Should You Sell?

GN Store Nord A/S (OTCMKTS:GNNDY - Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised GN Store Nord A/S to a "strong sell" rating in a research report on Monday, October 21st.

GN Store Nord A/S Price Performance

The firm has a fifty day moving average of $56.15 and a 200 day moving average of $65.47. 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 company has a market capitalization 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 released 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 net margin of 3.67% and a return on equity of 10.62%. The firm had revenue of $613.40 million during the quarter. On average, equities research analysts anticipate that GN Store Nord A/S will post 3.56 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.