Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 25,400 shares, a decline of 80.2% from the September 15th total of 128,400 shares. Based on an average daily volume of 258,100 shares, the short-interest ratio is currently 0.1 days.
Norsk Hydro ASA Stock Up 2.3 %
Shares of OTCMKTS NHYDY traded up $0.14 during mid-day trading on Thursday, hitting $6.31. The company had a trading volume of 40,322 shares, compared to its average volume of 202,642. The company has a current ratio of 1.88, a quick ratio of 1.28 and a debt-to-equity ratio of 0.28. The firm has a 50-day simple moving average of $5.67 and a two-hundred day simple moving average of $6.02. The company has a market capitalization of $12.68 billion, a PE ratio of 45.07, a price-to-earnings-growth ratio of 0.20 and a beta of 1.53. Norsk Hydro ASA has a one year low of $4.95 and a one year high of $6.98.
Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) last posted its earnings results on Tuesday, July 23rd. The industrial products company reported $0.09 earnings per share (EPS) 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%. On average, equities analysts expect that Norsk Hydro ASA will post 0.57 EPS for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on NHYDY
About Norsk Hydro ASA
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.
Recommended Stories
- Five stocks we like better than Norsk Hydro ASA
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- How to Buy Cheap Stocks Step by Step
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- CD Calculator: Certificate of Deposit Calculator
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
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.