GN STORE NORD A/ADR (OTCMKTS:GNNDY) Lowered to “Sell” at Zacks Investment Research

GN STORE NORD A/ADR (OTCMKTS:GNNDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, Zacks.com reports.

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. “

OTCMKTS GNNDY traded up $8.35 during trading hours on Wednesday, reaching $141.15. 1,100 shares of the company’s stock traded hands, compared to its average volume of 218. GN STORE NORD A/ADR has a 52-week low of $106.45 and a 52-week high of $152.70. The firm has a market cap of $5.90 billion, a PE ratio of 32.52, a PEG ratio of 1.46 and a beta of 0.43. The firm has a 50-day simple moving average of $142.61 and a 200 day simple moving average of $138.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.89 and a quick ratio of 0.66.

About GN STORE NORD A/ADR

GN Store Nord A/S develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally. The company operates through GN Hearing and GN Audio segments. The GN Hearing segment produces and sells hearing instruments and products.

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