GN Store Nord A/S (OTCMKTS: GNNDY) Short Interest Update
GN Store Nord A/S (OTCMKTS: GNNDY – Get Rating) saw a surge in short-term interest in March. As of March 15, there was short interest totaling 300 shares, a 200.0% increase from February 28’s total of 100 shares. Based on an average daily volume of 9,000 shares, the short interest ratio is currently 0.0 day.
A number of equity research analysts have recently commented on GNNDY shares. Redburn Partners downgraded shares of GN Store Nord A/S from a “buy” rating to a “neutral” rating in a Friday, November 26 report. Goldman Sachs Group upgraded GN Store Nord A/S from a “neutral” rating to a “buy” rating in a Thursday, January 20 report. Zacks Investment Research upgraded GN Store Nord A/S from a “sell” to a “hold” rating in a report released Thursday. JPMorgan Chase & Co. upgraded GN Store Nord A/S from a “neutral” rating to an “overweight” rating in a Friday, February 11 research note. Finally, Credit Suisse Group launched coverage on GN Store Nord A/S in a research note on Thursday, March 10. They issued a “neutral” rating on the title. Four investment analysts gave the stock a hold rating and two gave the company a buy rating. According to MarketBeat, GN Store Nord A/S currently has an average rating of “Hold” and an average price target of $391.50.
Shares of GNNDY traded down $0.82 on Friday, hitting $138.47. 401 shares were traded, against an average volume of 3,054. The stock has a market capitalization of $6.38 billion, a P/E ratio of 18.36 and a beta of 0.57. The company has a 50-day moving average of $158.67 and a two-hundred-day moving average of $180.19. GN Store Nord A/S has a 1 year minimum of $129.75 and a 1 year maximum of $286.11. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt ratio of 0.93.
The company also recently announced a dividend, which will be paid on Monday, March 28. Shareholders of record on Friday, March 11 will receive a dividend of $0.4678. This represents a dividend yield of 0.33%. The ex-date of this dividend is Thursday, March 10. The distribution rate of GN Store Nord A/S is 5.97%.
About GN Store Nord A/S (Get an evaluation)
GN Store Nord A/S is active in the telecommunications and hearing aid sector. It operates through GN Hearing, GN Audio and Other GN segments. The company was founded by Carl Frederik Tietgen on June 1, 1869 and is headquartered in Ballerup, Denmark.
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