Nordex (OTCMKTS:NRDXF – Get Free Report) is expected to announce its results before the market opens on Thursday, November 5th. Analysts expect Nordex to post earnings of $0.6250 per share and revenue of $2.46 billion for the quarter.
Nordex Stock Performance
Shares of OTCMKTS:NRDXF opened at $42.00 on Tuesday. Nordex has a 52 week low of $28.79 and a 52 week high of $56.80. The company has a 50-day moving average price of $43.83 and a 200 day moving average price of $47.22.
Analyst Ratings Changes
Several equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Nordex in a research report on Friday, October 2nd. Jefferies Financial Group reissued a “buy” rating on shares of Nordex in a report on Thursday, October 15th. Finally, Citigroup restated a “buy” rating on shares of Nordex in a research note on Monday, October 19th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Nordex currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on NRDXF
Nordex Company Profile
Nordex SE is a Germany-based manufacturer of wind turbines for onshore wind farms. The company develops, produces and sells turbine systems designed for a range of wind conditions and project requirements, with product offerings including its Delta and N149, N163 and N175 turbine platforms. Nordex also provides installation support, technical services, maintenance and other lifecycle services for wind energy projects.
The company was founded in 1985 in Give, Denmark, and later established its headquarters in Hamburg, Germany.
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