Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report)'s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.75 and traded as low as $5.43. Norsk Hydro ASA shares last traded at $5.45, with a volume of 147,861 shares trading hands.
Analyst Ratings Changes
Several equities analysts have recently weighed in on NHYDY shares. Royal Bank of Canada upgraded shares of Norsk Hydro ASA from a "hold" rating to a "moderate buy" rating in a report on Thursday, April 17th. The Goldman Sachs Group cut shares of Norsk Hydro ASA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 10th.
Check Out Our Latest Report on Norsk Hydro ASA
Norsk Hydro ASA Trading Down 2.1 %
The firm has a market capitalization of $10.51 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 0.26 and a beta of 1.45. The firm has a fifty day simple moving average of $5.72 and a two-hundred day simple moving average of $5.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.60 and a quick ratio of 1.07.
Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.05). Norsk Hydro ASA had a return on equity of 8.68% and a net margin of 2.79%. The firm had revenue of $5.51 billion during the quarter, compared to analysts' expectations of $57.46 billion. On average, equities research analysts anticipate that Norsk Hydro ASA will post 0.72 earnings per share for the current fiscal year.
About Norsk Hydro ASA
(
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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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