NORMA Group (ETR:NOEJ) Stock Price Up 0.4% – Still a Buy?

NORMA Group SE (ETR:NOEJ)’s stock price traded up 0.4% during trading on Monday . The company traded as high as €17.76 and last traded at €17.20. 157,460 shares traded hands during mid-day trading, an increase of 58% from the average daily volume of 99,678 shares. The stock had previously closed at €17.14.

NORMA Group Price Performance

The stock has a market capitalization of $562.46 million, a P/E ratio of 24.16, a PEG ratio of 0.82 and a beta of 0.63. The company’s 50 day simple moving average is €19.13 and its two-hundred day simple moving average is €17.25. The company has a debt-to-equity ratio of 13.07, a current ratio of 2.36 and a quick ratio of 0.89.

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.