NORMA Group (ETR:NOEJ) Trading 4.9% Higher – What’s Next?

NORMA Group SE (ETR:NOEJ)’s stock price was up 4.9% during trading on Monday . The company traded as high as €16.50 ($17.19) and last traded at €16.32 ($17.00). Approximately 69,896 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 99,678 shares. The stock had previously closed at €15.56 ($16.21).

NORMA Group Trading Down 0.1 %

The company has a quick ratio of 0.89, a current ratio of 2.24 and a debt-to-equity ratio of 75.50. The business’s 50-day simple moving average is €14.78 and its two-hundred day simple moving average is €14.85. The firm has a market capitalization of $521.23 million, a price-to-earnings ratio of 21.25, a PEG ratio of 0.82 and a beta of 1.56.

NORMA Group Company Profile

NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. It also offers various products for stormwater management, landscape irrigation, and joining components for water infrastructure solutions.