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Are you looking to buy Norsk Hydro stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy OTC:NHYDY! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Norsk Hydro stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Norsk Hydro ASA operates as an integrated aluminum company worldwide. It operates through 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, primarily the sale of alumina. The Primary Metal segment is involved in the primary aluminum production, remelting, and casting activities. This segment principally offers extrusion, sheet, and standard ingots, as well as foundry alloys. The Metal Markets segment sells products from the company’s primary metal plants; operates remelters; and trades in physical and financial metals. The Rolled Products segment operates rolling mills and a primary metal plant. This segment principally offers aluminum foils, strips, sheets, and lithographic plates for application in the packaging, automotive, building and general engineering, and transport industries, as well as for offset printing plates. The Extruded Solutions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors. The Energy segment owns and operates 26 hydroelectric power plants with an installed capacity of approximately 2,000 MW in Norway. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.
Average volume
60,446 shs
MARKET CAP
$9.68 billion
Stock exchange
OTCMKTS
Buy this stock!
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OTCMKTS:NHYDY
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Primary aluminum
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Industrial Products
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25,500 shs
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Below is a quick guide on how to buy OTC:NHYDY stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Norsk Hydro shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Norsk Hydro – Search for “”OTC:NHYDY”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Norsk Hydro stocks with 0% commission!.
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12 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Norsk Hydro ASA in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” Norsk Hydro ASA stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NHYDY, but not buy additional shares or sell existing shares.
Wall Street analysts have given Norsk Hydro ASA a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Norsk Hydro ASA wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing OTC:NHYDY stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Norsk Hydro stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Norsk Hydro stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “OTC:NHYDY stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some OTC:NHYDY stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, OTC:NHYDY is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Norsk Hydro stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Norsk Hydro ASA (OTCMKTS:NHYDY) released its quarterly earnings results on Wednesday, October, 24th. The industrial products company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. The industrial products company had revenue of $4.87 billion for the quarter. Norsk Hydro ASA had a positive trailing twelve-month return on equity of 1.94% and a negative net margin of 2.65%.
View Norsk Hydro ASA’s earnings history.
Norsk Hydro ASA’s stock was trading at $2.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NHYDY shares have increased by 87.0% and is now trading at $4.73.
Norsk Hydro ASA announced an annual dividend on Monday, November 16th. Stockholders of record on Friday, November 27th will be paid a dividend of $0.106 per share on Friday, December 4th. This represents a dividend yield of 2.85%. The ex-dividend date of this dividend is Wednesday, November 25th.
View Norsk Hydro ASA’s dividend history.
Norsk Hydro ASA pays an annual dividend of $0.11 per share and currently has a dividend yield of 2.33%. The dividend payout ratio of Norsk Hydro ASA is 183.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Norsk Hydro ASA will have a dividend payout ratio of 28.21% next year. This indicates that Norsk Hydro ASA will be able to sustain or increase its dividend.
View Norsk Hydro ASA’s dividend history.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying OTC:NHYDY stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Norsk Hydro ASA’s management team includes the following people:
Ms. Hilde Merete Aasheim, Pres & CEO (Age 63)
Mr. Pal Kildemo, Exec. VP of Fin., CFO & Member of the Corp. Management Board
Mr. Arvid Moss, Interim Exec. VP, Head of Corp. Devel. & Member of Corp. Management Board (Age 63)
Ms. Inger Sethov, Exec. VP of Communication & Public Affairs and Member of Corp. Management Board (Age 51)
Mr. Eivind Kallevik, Head of Primary Metal & Member of Corp. Management Board (Age 54)
Ms. Anne-Lene Midseim, Exec. VP of CSR, Legal & Compliance, Gen. Counsel and Member of Corp. Management Board (Age 53)
Mr. John Gabriel Thuestad, Exec. VP of Bauxite & Alumina and Member of Corp. Management Board (Age 61)
Ms. Hilde Vestheim Nordh, Exec. VP of People & HSE and Member of Corp. Management Board (Age 52)
Mr. Einar Glomnes, Exec. VP of Rolled Products & Member of the Corp. Management Board (Age 52)
Mr. Peik Norenberg, Head of Corp. Fin.
Some companies that are related to Norsk Hydro ASA include Aluminum Co. of China (ACH), Alcoa (AA), Century Aluminum (CENX), Noranda Aluminum (NORNQ) and Mansfelder Metals (MNSF).
View all of NHYDY’s competitors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Norsk Hydro ASA trades on the OTCMKTS under the ticker symbol “NHYDY.”
Shares of NHYDY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
One share of NHYDY stock can currently be purchased for approximately $4.73.
Norsk Hydro ASA has a market capitalization of $9.68 billion and generates $17.17 billion in revenue each year. The industrial products company earns $-206,020,000.00 in net income (profit) each year or $0.06 on an earnings per share basis.
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Norsk Hydro ASA employs 35,000 workers across the globe.
The official website for Norsk Hydro ASA is www.hydro.com.
Norsk Hydro ASA is headquartered at DRAMMENSVEIEN 260, OSLO Q8, N-0240.
Norsk Hydro ASA’s mailing address is DRAMMENSVEIEN 260, OSLO Q8, N-0240. The industrial products company can be reached via phone at 47-2253-8100 or via email at investor.relations@hydro.com
At reportlab we want to help you with a detailed stock analysis, we want to remind you that the data provided on this website is not necessarily entirely current or accurate. The data and quotes on the website are not always provided by a market or exchange, but may also come from market makers. Therefore, the quotes may not be accurate and may differ from the actual price on a market. They are indicative quotes and are not suitable for trading purposes.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Norsk Hydro stock?
The safest and easiest way to buy OTC:NHYDY stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Norsk Hydro stock?
You will first want to find a licensed broker that supports OTC:NHYDY stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading OTC:NHYDY stocks in a safe and complete environment.
Is OTC:NHYDY stock a good investment?
As with any other asset, there is an element of risk associated with buying OTC:NHYDY stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Norsk Hydro stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with OTC:NHYDY is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Norsk Hydro stock.
How do you trade Norsk Hydro stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Norsk Hydro stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on OTC:NHYDY stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Norsk Hydro stock?
To sell your OTC:NHYDY stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Norsk Hydro stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading OTC:NHYDY stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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