GN Store Nord (GNNDY) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of GN Store Nord (OTCMKTS:GNNDY) from a strong sell rating to a hold rating in a research note issued to investors 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. “

OTCMKTS:GNNDY opened at $117.55 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.49 and a quick ratio of 1.20. GN Store Nord has a 12-month low of $88.04 and a 12-month high of $117.55. The stock has a market cap of $5.62 billion, a P/E ratio of 32.21 and a beta of 0.34.

About GN Store Nord

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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