NORMA Group (OTCMKTS:NOEJF) Trading Down 11.1% – Time to Sell?
by Tristan Rich · The Markets DailyNORMA Group SE (OTCMKTS:NOEJF – Get Free Report) shares dropped 11.1% during mid-day trading on Tuesday . The stock traded as low as $17.11 and last traded at $17.11. Approximately 215 shares traded hands during mid-day trading, The stock had previously closed at $19.25.
NORMA Group Price Performance
The business’s fifty day simple moving average is $20.12 and its two-hundred day simple moving average is $20.13.
About NORMA Group
NORMA Group SE is a Germany‐based specialist in engineered joining technology, offering a comprehensive range of clamps, connectors, fluid systems and assembly solutions. The company’s products are designed to support fluid and air transfer applications, meeting the rigorous demands of sectors such as automotive, commercial vehicles, aerospace, off‐highway, building and household appliances, as well as water management, oil and gas, and chemical processing. NORMA Group’s solutions include hose couplings, quick connectors, constant tension clamps and profile inverted flange systems, all engineered for reliability under pressure, temperature fluctuation and vibration.
Established in the mid‐20th century and headquartered in Maintal, Germany, NORMA Group has developed its global footprint through a combination of internal expansion and strategic acquisitions.