GN Store Nord (OTCMKTS:GNNDY) Issues Earnings Results, Misses Estimates By $0.45 EPS

GN Store Nord (OTCMKTS:GNNDY) issued its earnings results on Thursday. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.45), Zacks reports. GN Store Nord had a negative return on equity of 2.44% and a negative net margin of 4.32%.

GN Store Nord Trading Up 9.9%

GNNDY traded up $4.97 during trading on Thursday, hitting $55.03. The company’s stock had a trading volume of 629 shares, compared to its average volume of 472. GN Store Nord has a one year low of $39.45 and a one year high of $55.78. The business’s 50 day simple moving average is $47.45 and its 200-day simple moving average is $45.57. The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 0.78.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

GN Store Nord Company Profile

GN Store Nord A/S is a Danish technology company headquartered in Ballerup, Denmark. Founded in 1869 as the Great Northern Telegraph Company, it has evolved into a global provider of hearing, audio and communications technologies.

Through its GN Hearing business, the company develops and sells hearing aids, accessories and related solutions under brands including ReSound, Beltone and Interton. Its products are designed to support people with hearing loss and are distributed through hearing-care professionals and retail channels in markets around the world.

GN’s GN Audio business provides professional headsets, speakerphones, video-conferencing equipment and related communications software under the Jabra brand.