Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.00 and traded as high as $6.32. Norsk Hydro ASA shares last traded at $6.31, with a volume of 56,975 shares.
Norsk Hydro ASA Price Performance
The company has a quick ratio of 1.24, a current ratio of 1.82 and a debt-to-equity ratio of 0.27. The company's fifty day moving average is $6.00 and its 200 day moving average is $5.92. The stock has a market cap of $12.76 billion, a PE ratio of 45.07, a price-to-earnings-growth ratio of 1.05 and a beta of 1.55.
Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09. Norsk Hydro ASA had a return on equity of 6.23% and a net margin of 1.67%. The firm had revenue of $4.52 billion during the quarter. As a group, sell-side analysts anticipate that Norsk Hydro ASA will post 0.42 earnings per share for the current fiscal year.
Norsk Hydro ASA Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Friday, May 10th will be paid a dividend of $0.2354 per share. The ex-dividend date is Thursday, May 9th. Norsk Hydro ASA's dividend payout ratio is currently 114.29%.
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.
See Also
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 "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
