NORMA Group (ETR:NOEJ) Shares Climb 1.9% – Here’s What Happened

Shares of NORMA Group SE (ETR:NOEJ – Get Free Report) were up 1.9% on Monday. The company traded as high as €15.28 and last traded at €15.06. Approximately 93,655 shares changed 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 Down 0.9%

The firm has a 50-day moving average of €18.54 and a two-hundred day moving average of €17.43. The stock has a market capitalization of $487.90 million, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 0.82 and a beta of 0.63. The company has a quick ratio of 0.89, a current ratio of 2.36 and a debt-to-equity ratio of 13.07.

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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