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

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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