GN Store Nord A/S (OTCMKTS:GNNDY) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

GN Store Nord A/S (OTCMKTS:GNNDY) 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 shares of GN Store Nord A/S to a “strong sell” rating in a research note on Monday, October 21st.

GN Store Nord A/S Stock Performance

The company has a debt-to-equity ratio of 0.40, a current ratio of 0.69 and a quick ratio of 0.45. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 16.63 and a beta of 1.40. The firm has a fifty day simple moving average of $56.15 and a 200 day simple moving average of $65.60.

GN Store Nord A/S (OTCMKTS:GNNDY) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.82 EPS for the quarter. The company had revenue of $613.40 million during the quarter. GN Store Nord A/S had a net margin of 3.67% and a return on equity of 10.62%. On average, analysts anticipate that GN Store Nord A/S will post 3.56 earnings per share for the current fiscal year.

GN Store Nord A/S Company Profile

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.