Norsk Hydro ASA (OTCMKTS:NHYDY) has earned a consensus rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company.

Several brokerages have recently issued reports on NHYDY. Barclays began coverage on Norsk Hydro ASA in a research report on Thursday. They issued an “underweight” rating on the stock. Zacks Investment Research raised shares of Norsk Hydro ASA from a “sell” rating to a “hold” rating in a report on Friday. Bank of America lowered shares of Norsk Hydro ASA from a “buy” rating to a “neutral” rating in a research report on Friday, August 16th. ValuEngine lowered shares of Norsk Hydro ASA from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 2nd. Finally, Deutsche Bank lowered shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research report on Wednesday, July 10th.

Shares of NHYDY stock traded up $0.08 during midday trading on Friday, hitting $3.77. The company had a trading volume of 156,961 shares, compared to its average volume of 91,885. The company’s 50 day simple moving average is $3.27 and its 200 day simple moving average is $3.77. Norsk Hydro ASA has a 52-week low of $2.93 and a 52-week high of $6.21. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 11.09, a PEG 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 data on Tuesday, July 23rd. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.05). Norsk Hydro ASA had a return on equity of 2.14% and a net margin of 0.07%. The firm had revenue of $4.55 billion for the quarter. Analysts anticipate that Norsk Hydro ASA will post 0.16 EPS for the current year.

About Norsk Hydro ASA

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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