Norsk Hydro ASA (NHYDY) Expected to Announce Earnings on Tuesday

Norsk Hydro ASA (OTCMKTS:NHYDY) is expected to release its earnings data before the market opens on Tuesday, February 11th. Analysts expect Norsk Hydro ASA to post earnings of $0.28 per share and revenue of $52.35 billion for the quarter.

Norsk Hydro ASA Stock Performance

Norsk Hydro ASA stock opened at $5.79 on Tuesday. The company has a market cap of $11.63 billion, a PE ratio of 96.50, a PEG ratio of 0.16 and a beta of 1.54. The company has a current ratio of 1.60, a quick ratio of 1.07 and a debt-to-equity ratio of 0.23. Norsk Hydro ASA has a 1 year low of $4.95 and a 1 year high of $6.98. The company’s 50-day moving average is $5.79 and its two-hundred day moving average is $5.83.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NHYDY. Barclays raised shares of Norsk Hydro ASA to a “strong-buy” rating in a research note on Wednesday, October 16th. Royal Bank of Canada downgraded Norsk Hydro ASA from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Citigroup raised Norsk Hydro ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th.

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.