Shares of Norsk Hydro ASA (OTCMKTS:NHYDY) have received a consensus recommendation of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating on the company.

NHYDY has been the topic of several recent research reports. Deutsche Bank cut shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research note on Wednesday, July 10th. Goldman Sachs Group raised shares of Norsk Hydro ASA from a “neutral” rating to a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. raised shares of Norsk Hydro ASA from a “neutral” rating to an “overweight” rating in a research note on Tuesday, May 21st. Bank of America lowered shares of Norsk Hydro ASA from a “buy” rating to a “neutral” rating in a research note on Friday, August 16th. Finally, ValuEngine lowered shares of Norsk Hydro ASA from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 2nd.

NHYDY stock traded up $0.08 during trading on Friday, hitting $3.77. 156,961 shares of the stock traded hands, compared to its average volume of 91,885. Norsk Hydro ASA has a 1 year low of $2.93 and a 1 year high of $6.21. The firm’s 50 day moving average is $3.27 and its two-hundred day moving average is $3.77. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 11.09, a price-to-earnings-growth ratio of 2.80 and a beta of 0.90. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.77 and a quick ratio of 1.07.

Norsk Hydro ASA (OTCMKTS:NHYDY) last announced its quarterly earnings results on Tuesday, July 23rd. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The company had revenue of $4.55 billion for the quarter. Norsk Hydro ASA had a net margin of 0.07% and a return on equity of 2.14%. As a group, analysts anticipate that Norsk Hydro ASA will post 0.16 EPS for the current fiscal year.

Norsk Hydro ASA Company Profile

Norsk Hydro ASA operates as an integrated aluminum company worldwide. It operates in six segments: Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Extruded Solutions, and Energy. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, as well as the sale of alumina.

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Analyst Recommendations for Norsk Hydro ASA (OTCMKTS:NHYDY)

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