GN Store Nord (OTCMKTS:GNNDY – Get Free Report) saw strong trading volume on Tuesday. 2,550 shares traded hands during trading, an increase of 341% from the previous session’s volume of 578 shares. The stock last traded at $48.06 and had previously closed at $47.25.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded GN Store Nord from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, GN Store Nord presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on GN Store Nord
GN Store Nord Price Performance
GN Store Nord (OTCMKTS:GNNDY – Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported ($0.69) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.41). GN Store Nord had a negative return on equity of 2.44% and a negative net margin of 4.32%. The firm had revenue of $337.72 million for the quarter, compared to the consensus estimate of $334.16 million. As a group, equities research analysts anticipate that GN Store Nord will post 0.79 earnings per share for the current year.
About GN Store Nord
GN Store Nord A/S is a Denmark-based technology company that develops solutions for hearing, audio and communications. The group is headquartered in Ballerup, Denmark, and serves consumers, businesses and hearing-care professionals in markets worldwide.
Through GN Hearing, the company designs and supplies hearing aids, wireless accessories, audiology products and related support services. Its hearing solutions are marketed under brands including ReSound, Beltone and Interton, and are distributed through hearing-care providers, retail channels and other professional networks.
GN Audio develops professional and consumer audio products, including headsets, earbuds, speakerphones and video-conferencing equipment.
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