NORMA Group (ETR:NOEJ) Trading Down 0.9% – What’s Next?

NORMA Group SE (ETR:NOEJ) dropped 0.9% on Friday . The stock traded as low as €15.72 ($16.55) and last traded at €15.76 ($16.59). Approximately 59,661 shares were traded during trading, a decline of 40% from the average daily volume of 99,678 shares. The stock had previously closed at €15.90 ($16.74).

NORMA Group Trading Up 0.5 %

The company has a debt-to-equity ratio of 75.50, a quick ratio of 0.89 and a current ratio of 2.24. The stock has a market capitalization of $504.66 million, a PE ratio of 20.57, a price-to-earnings-growth ratio of 0.82 and a beta of 1.56. The business’s 50-day moving average is €13.40 and its two-hundred day moving average is €15.51.

About NORMA Group

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.