Shares of Norsk Hydro ASA (OTCMKTS:NHYDY) have earned an average recommendation of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a sell recommendation and six have assigned a hold recommendation to the company.

NHYDY has been the subject of several recent analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Norsk Hydro ASA in a report on Wednesday, April 29th. Credit Suisse Group downgraded shares of Norsk Hydro ASA from an “outperform” rating to a “neutral” rating in a report on Thursday, May 7th. Pareto Securities downgraded shares of Norsk Hydro ASA from a “hold” rating to a “sell” rating in a report on Friday, April 3rd. Nordea Equity Research downgraded shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a report on Thursday, July 2nd. Finally, Deutsche Bank reaffirmed a “hold” rating on shares of Norsk Hydro ASA in a report on Thursday, April 30th.

Shares of NHYDY stock traded up $0.10 during mid-day trading on Friday, reaching $2.90. 68,800 shares of the company’s stock traded hands, compared to its average volume of 46,265. Norsk Hydro ASA has a 12 month low of $1.89 and a 12 month high of $3.91. The firm has a 50 day moving average price of $2.69 and a two-hundred day moving average price of $2.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.11 and a current ratio of 1.81. The firm has a market capitalization of $5.73 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 0.40 and a beta of 1.17.

Norsk Hydro ASA (OTCMKTS:NHYDY) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter. Norsk Hydro ASA had a negative net margin of 2.36% and a positive return on equity of 1.99%. The firm had revenue of $4.03 billion during the quarter. As a group, equities analysts expect that Norsk Hydro ASA will post 0.14 earnings per share for the current fiscal 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.

Further Reading: Net Margin

Analyst Recommendations for Norsk Hydro ASA (OTCMKTS:NHYDY)

Receive News & Ratings for Norsk Hydro ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norsk Hydro ASA and related companies with MarketBeat.com's FREE daily email newsletter.