GN STORE NORD A/ADR (GNNDY) Rating 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.

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 $106.45 on Wednesday. GN STORE NORD A/ADR has a 52 week low of $99.24 and a 52 week high of $141.15. The stock has a market cap of $5.09 billion, a P/E ratio of 29.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.83. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.06 and a current ratio of 1.33.

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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