Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.05 and traded as low as $5.50. Norsk Hydro ASA shares last traded at $5.72, with a volume of 98,822 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on NHYDY shares. Royal Bank of Canada lowered shares of Norsk Hydro ASA from a "moderate buy" rating to a "hold" rating in a report on Tuesday, January 21st. Citigroup upgraded Norsk Hydro ASA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 11th.
Check Out Our Latest Analysis on Norsk Hydro ASA
Norsk Hydro ASA Price Performance
The firm has a market capitalization of $9.98 billion, a P/E ratio of 18.41, a P/E/G ratio of 0.26 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.60 and a quick ratio of 1.07. The stock's fifty day simple moving average is $6.01 and its 200 day simple moving average is $6.02.
Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) last announced its earnings results on Friday, February 14th. The industrial products company reported $0.10 earnings per share 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, equities research analysts predict that Norsk Hydro ASA will post 0.72 EPS for the current year.
Norsk Hydro ASA Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Norsk Hydro ASA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norsk Hydro ASA wasn't on the list.
While Norsk Hydro ASA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
