GN STORE NORD A/ADR (GNNDY) Lowered to Hold at Zacks Investment Research

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GN STORE NORD A/ADR (OTCMKTS:GNNDY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “GN Store Nord A/S offers medical hearing instruments, professional and consumer headsets. The Company’s operating segments include GN Netcom, GN ReSound and Others. GN Netcom segment sells hands-free communications solutions in the form of headsets for mobile phones and traditional phones. GN ReSound segment operates within the hearing instrument industry, and produces and sells hearing healthcare instruments and related products. It offers hearing aids and accessories under the ReSound, Beltone and Interton brand names. GN Store Nord A/S is based in Ballerup, Denmark. “

Shares of OTCMKTS:GNNDY remained flat at $$129.51 on Tuesday. GN STORE NORD A/ADR has a 12-month low of $95.87 and a 12-month high of $141.15. The firm has a market capitalization of $6.19 billion, a P/E ratio of 35.48, a P/E/G ratio of 1.46 and a beta of 0.93. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.80.

GN STORE NORD A/ADR (OTCMKTS:GNNDY) last posted its quarterly earnings data on Wednesday, August 22nd. The company reported $1.00 earnings per share for the quarter. GN STORE NORD A/ADR had a return on equity of 25.37% and a net margin of 11.63%. The business had revenue of $410.69 million during the quarter. On average, equities analysts predict that GN STORE NORD A/ADR will post 4.68 EPS for the current fiscal year.

About GN STORE NORD A/ADR

GN Store Nord A/S develops, manufactures, and markets medical, professional, and consumer audio solutions. 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 and speakerphone solutions primarily for professional use; and consumer headsets and earbuds for calls, music, and media consumption.

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