NORMA Group (ETR:NOEJ) Stock Jumps 1.9% – Here’s Why

NORMA Group SE (ETR:NOEJ – Get Free Report)’s stock price was up 1.9% during mid-day trading on Monday. The company traded as high as €15.28 and last traded at €15.06. 93,655 shares traded hands during trading, a decline of 6% from the average daily volume of 99,678 shares. The stock had previously closed at €14.78.

NORMA Group Stock Performance

The firm has a market cap of $492.48 million, a price-to-earnings ratio of 21.15, a price-to-earnings-growth ratio of 0.82 and a beta of 0.63. The stock has a 50-day moving average of €18.61 and a 200-day moving average of €17.44. The company has a debt-to-equity ratio of 13.07, a quick ratio of 0.89 and a current ratio of 2.36.

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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