Norsk Hydro ASA (OTCMKTS:NHYDY) has earned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company.
Several brokerages recently weighed in on NHYDY. Nordea Equity Research raised Norsk Hydro ASA from a “hold” rating to a “buy” rating in a research report on Friday, March 15th. Macquarie began coverage on Norsk Hydro ASA in a research report on Thursday, March 7th. They issued an “outperform” rating on the stock. Zacks Investment Research lowered Norsk Hydro ASA from a “hold” rating to a “sell” rating in a research report on Tuesday, February 12th. Pareto Securities lowered Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. Finally, Goldman Sachs Group lowered Norsk Hydro ASA from a “buy” rating to a “sell” rating in a research report on Friday, January 18th.
OTCMKTS:NHYDY traded down $0.16 during trading hours on Friday, reaching $4.09. 23,986 shares of the company traded hands, compared to its average volume of 56,621. The stock has a market cap of $8.29 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 1.15 and a beta of 0.74. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.82 and a current ratio of 1.59. Norsk Hydro ASA has a 1-year low of $3.78 and a 1-year high of $7.05.
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.
See Also: What is the LIBOR?
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.