NewsBauxiteNoranda Aluminum Holding (NOR) Shares Upgraded by Zacks Investment Research to “Neutral”
07 SEPTEMBER 2011Localized USA

Noranda Aluminum Holding (NOR) Shares Upgraded by Zacks Investment Research to “Neutral”

Edited by : AL CIRCLE
1 min read
Noranda Aluminum Holding (NOR) Shares Upgraded by Zacks Investment Research to “Neutral”
Noranda Aluminum Holding (NYSE: NOR) was upgraded by equities research analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating in a research note issued to investors on Monday.

Shares of Noranda Aluminum Holding opened at 10.26 on Wednesday. Noranda Aluminum Holding has a 52 week low of $7.98 and a 52 week high of $17.82. The stock’s 50-day moving average is $11.6 and its 200-day moving average is $14.09. The company has a market cap of $689.7 million and a price-to-earnings ratio of 4.44.

Noranda Aluminum Holding Co. last announced its quarterly results on Wednesday, July 27th. The company reported $0.46 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.42 EPS by $0.04. The company’s quarterly revenue was up 8.0% on a year-over-year basis. On average, analysts predict that Noranda Aluminum Holding will post $0.42 EPS next quarter.

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