NORMA Group (ETR:NOEJ) Trading 0.7% Higher – Here’s Why

NORMA Group SE (ETR:NOEJGet Free Report) traded up 0.7% on Tuesday . The stock traded as high as €17.40 and last traded at €17.10. 54,400 shares changed hands during trading, a decline of 45% from the average session volume of 99,678 shares. The stock had previously closed at €16.98.

NORMA Group Stock Down 0.3%

The business has a 50-day simple moving average of €16.22 and a 200-day simple moving average of €15.41. The company has a debt-to-equity ratio of 10.18, a quick ratio of 0.89 and a current ratio of 2.24. The company has a market cap of $559.19 million, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 0.82 and a beta of 0.82.

About NORMA Group

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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.

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