GN Store Nord A/S (OTCMKTS:GNNDY) Stock Price Passes Below 50-Day Moving Average of $104.22

GN Store Nord A/S (OTCMKTS:GNNDYGet Rating) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $104.22 and traded as low as $104.00. GN Store Nord A/S shares last traded at $111.94, with a volume of 313 shares.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of GN Store Nord A/S from 326.00 to 303.00 and set an “overweight” rating for the company in a report on Monday, June 27th. Credit Suisse Group dropped their target price on shares of GN Store Nord A/S from 370.00 to 295.00 and set a “neutral” rating for the company in a report on Friday, May 6th. Finally, Oddo Bhf raised shares of GN Store Nord A/S from a “neutral” rating to an “outperform” rating in a report on Wednesday, July 27th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $299.00.

GN Store Nord A/S Stock Performance

The company has a quick ratio of 1.64, a current ratio of 1.95 and a debt-to-equity ratio of 1.53. The company has a market capitalization of $5.12 billion, a PE ratio of 17.25 and a beta of 0.71. The stock’s fifty day simple moving average is $104.22 and its 200-day simple moving average is $126.66.

GN Store Nord A/S Company Profile

(Get Rating)

GN Store Nord A/S develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer technology solutions in Denmark, rest of Europe, North America, and internationally. It operates in two segments, GN Hearing and GN Audio. The GN Hearing segment produces and sells hearing instruments and products.

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