NORMA Group (ETR:NOEJ) Shares Down 0.7% – Should You Sell?

by · The Markets Daily

NORMA Group SE (ETR:NOEJ – Get Free Report)’s share price fell 0.7% during mid-day trading on Monday . The company traded as low as €18.24 and last traded at €18.24. Approximately 24,818 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 99,678 shares. The stock had previously closed at €18.36.

NORMA Group Trading Down 0.7%

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 business has a 50-day simple moving average of €17.60 and a two-hundred day simple moving average of €16.15. The stock has a market cap of $596.46 million, a price-to-earnings ratio of 25.62, a P/E/G ratio of 0.82 and a beta of 0.62.

NORMA Group Company Profile

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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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