Norsk Hydro ASA (OTCMKTS:NHYDY) Hits New 1-Year Low at $4.95

Norsk Hydro ASA (OTCMKTS:NHYDY) shares hit a new 52-week low during trading on Monday . The stock traded as low as $4.95 and last traded at $4.98, with a volume of 263329 shares traded. The stock had previously closed at $5.22.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Norsk Hydro ASA to a “strong-buy” rating in a report on Wednesday, June 12th.

Norsk Hydro ASA Price Performance

The business’s 50 day moving average is $6.15 and its 200-day moving average is $5.98. The firm has a market capitalization of $9.99 billion, a P/E ratio of 35.54, a PEG ratio of 0.18 and a beta of 1.55. The company has a quick ratio of 1.28, a current ratio of 1.88 and a debt-to-equity ratio of 0.28.

Norsk Hydro ASA (OTCMKTS:NHYDY) last posted its earnings results on Tuesday, July 23rd. The industrial products company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.05). The company had revenue of $4.88 billion for the quarter. Norsk Hydro ASA had a return on equity of 4.69% and a net margin of 0.11%. As a group, sell-side analysts predict that Norsk Hydro ASA will post 0.57 EPS for the current fiscal year.

Norsk Hydro ASA Company Profile

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.