NORMA Group (ETR:NOEJ) Trading Up 0.7% – Should You Buy?

Shares of NORMA Group SE (ETR:NOEJ) were up 0.7% during mid-day trading on Tuesday . The company traded as high as €17.40 and last traded at €17.10. Approximately 54,400 shares traded hands during trading, a decline of 45% from the average daily volume of 99,678 shares. The stock had previously closed at €16.98.

NORMA Group Price Performance

The stock has a market cap of $559.19 million, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 0.82 and a beta of 0.82. The company has a current ratio of 2.24, a quick ratio of 0.89 and a debt-to-equity ratio of 10.18. The company’s fifty day simple moving average is €16.17 and its 200-day simple moving average is €15.38.

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. 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.