Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) is expected to be posting its quarterly earnings results on Wednesday, April 23rd. Analysts expect Norsk Hydro ASA to post earnings of $0.12 per share and revenue of $57.46 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.18). The firm had revenue of $5.16 billion during the quarter. Norsk Hydro ASA had a net margin of 2.79% and a return on equity of 8.68%. On average, analysts expect Norsk Hydro ASA to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Norsk Hydro ASA Trading Up 2.4 %
Norsk Hydro ASA stock traded up $0.12 during mid-day trading on Friday, hitting $5.09. 291,120 shares of the company's stock were exchanged, compared to its average volume of 233,965. The company's 50 day simple moving average is $5.81 and its 200-day simple moving average is $5.93. The company has a quick ratio of 1.07, a current ratio of 1.60 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $10.23 billion, a P/E ratio of 18.85, a PEG ratio of 0.26 and a beta of 1.45. Norsk Hydro ASA has a fifty-two week low of $4.50 and a fifty-two week high of $6.98.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the company. Royal Bank of Canada lowered Norsk Hydro ASA from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, January 21st. The Goldman Sachs Group lowered shares of Norsk Hydro ASA from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th.
Check Out Our Latest Analysis on Norsk Hydro ASA
Norsk Hydro ASA Company Profile
(
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Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments.
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