Norsk Hydro ASA (OTCMKTS:NHYDY) Shares Gap Down – Here’s Why

Posted by Francis Steltz on Aug 20th, 2026

Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.73, but opened at $9.35. Norsk Hydro ASA shares last traded at $9.46, with a volume of 34,405 shares changing hands.

Analyst Upgrades and Downgrades

NHYDY has been the subject of a number of research analyst reports. Zacks Research lowered Norsk Hydro ASA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Citigroup restated a “neutral” rating on shares of Norsk Hydro ASA in a report on Tuesday, May 26th. Pareto Securities lowered Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Norsk Hydro ASA in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Norsk Hydro ASA currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on NHYDY

Norsk Hydro ASA Trading Down 2.5%

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.73 and a quick ratio of 1.14. The company has a market capitalization of $18.78 billion, a P/E ratio of 18.18, a price-to-earnings-growth ratio of 1.71 and a beta of 1.02. The firm has a fifty day moving average price of $9.42 and a 200-day moving average price of $10.14.

Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. Norsk Hydro ASA had a net margin of 4.90% and a return on equity of 12.01%. The business had revenue of $5.88 billion during the quarter, compared to the consensus estimate of $5.74 billion. On average, equities research analysts anticipate that Norsk Hydro ASA will post 0.91 earnings per share for the current year.

About Norsk Hydro ASA

(Get Free Report)

Norsk Hydro ASA is a Norwegian industrial company with a primary focus on aluminum production and renewable energy. Established in 1905, the company has grown from its roots in fertilizer manufacturing to become one of the world’s largest integrated aluminum producers. Its operations span the full value chain, including bauxite mining, alumina refining, primary aluminum production, and downstream processing of rolled and extruded products.

In addition to its aluminum business, Hydro maintains a significant portfolio of hydropower assets to support its energy-intensive processes.