NORMA Group (ETR:NOEJ) Trading Down 3.7% – Should You Sell?

NORMA Group SE (ETR:NOEJ)’s share price was down 3.7% during mid-day trading on Wednesday . The stock traded as low as €13.90 and last traded at €13.94. Approximately 55,244 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 99,678 shares. The stock had previously closed at €14.48.

NORMA Group Price Performance

The company has a current ratio of 2.35, a quick ratio of 0.89 and a debt-to-equity ratio of 69.27. The company has a fifty day moving average price of €14.06 and a two-hundred day moving average price of €15.00. The firm has a market cap of $455.85 million, a P/E ratio of 19.58, a PEG ratio of 0.82 and a beta of 1.56.

About NORMA Group

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. The company sells its products to distributors, original equipment manufacturer aftermarket customers, technical wholesalers, and hardware stores under the ABA, Breeze, Clamp-All, CONNECTORS, FISH, Gemi, Kimplas, NDS, NORMA, Raindrip, R.G.RAY, Serflex, TORCA, and TRUSTLENE brand names.