NHYDY has been the subject of several other research reports. Goldman Sachs Group upgraded Norsk Hydro ASA from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 11th. Barclays initiated coverage on Norsk Hydro ASA in a research note on Thursday, September 12th. They issued an “underweight” rating for the company. Zacks Investment Research lowered Norsk Hydro ASA from a “hold” rating to a “sell” rating in a research note on Tuesday, October 15th. Citigroup lowered Norsk Hydro ASA from a “buy” rating to a “neutral” rating in a research note on Monday, August 12th. Finally, Bank of America lowered Norsk Hydro ASA from a “buy” rating to a “neutral” rating in a research note on Friday, August 16th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $5.00.
Shares of Norsk Hydro ASA stock opened at $3.70 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.90 and a debt-to-equity ratio of 0.24. Norsk Hydro ASA has a twelve month low of $2.93 and a twelve month high of $5.10. The business has a 50-day moving average price of $3.56 and a 200 day moving average price of $3.58. The firm has a market cap of $7.65 billion, a PE ratio of 10.87, a P/E/G ratio of 1.87 and a beta of 0.91.
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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