Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) released its quarterly earnings results on Thursday. The industrial products company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14, Zacks reports. Norsk Hydro ASA had a return on equity of 4.69% and a net margin of 0.11%. The firm had revenue of $4.68 billion during the quarter.
Norsk Hydro ASA Trading Up 0.3 %
OTCMKTS:NHYDY opened at $6.17 on Friday. Norsk Hydro ASA has a 52 week low of $4.95 and a 52 week high of $6.98. The firm has a 50 day moving average of $5.90 and a 200 day moving average of $6.05. The company has a quick ratio of 1.28, a current ratio of 1.88 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $12.40 billion, a price-to-earnings ratio of 44.07, a PEG ratio of 0.23 and a beta of 1.53.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded shares of Norsk Hydro ASA to a “strong-buy” rating in a report on Wednesday, October 16th.
About Norsk Hydro ASA
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.
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