Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) released its earnings results on Wednesday. The industrial products company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09, Yahoo Finance reports. Norsk Hydro ASA had a net margin of 1.84% and a return on equity of 7.63%. The business had revenue of $4.52 billion during the quarter.
Norsk Hydro ASA Stock Up 0.6 %
Shares of NHYDY traded up $0.04 during mid-day trading on Thursday, hitting $6.26. 59,169 shares of the company's stock were exchanged, compared to its average volume of 231,994. Norsk Hydro ASA has a twelve month low of $5.08 and a twelve month high of $7.72. The firm has a fifty day moving average of $5.74 and a two-hundred day moving average of $5.83. 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 stock has a market cap of $12.76 billion, a price-to-earnings ratio of 38.88, a P/E/G ratio of 0.92 and a beta of 1.60.
Norsk Hydro ASA Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Friday, May 10th will be paid a $0.2354 dividend. The ex-dividend date is Thursday, May 9th. Norsk Hydro ASA's dividend payout ratio is presently 256.27%.
About Norsk Hydro ASA
(
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.
Read More
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
