Norcros plc (LON:NXR) Insider James Eyre Sells 18,751 Shares

Norcros plc (LON:NXR - Get Free Report) insider James Eyre sold 18,751 shares of Norcros stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of GBX 300 ($4.03), for a total transaction of £56,253 ($75,598.71).

Norcros Trading Up 0.7%

LON:NXR traded up GBX 2 ($0.03) during mid-day trading on Friday, hitting GBX 295 ($3.96). The company had a trading volume of 103,582 shares, compared to its average volume of 198,688. Norcros plc has a fifty-two week low of GBX 184.50 ($2.48) and a fifty-two week high of GBX 304 ($4.09). The business's fifty day moving average is GBX 272.37 and its two-hundred day moving average is GBX 245.83. The company has a debt-to-equity ratio of 40.60, a quick ratio of 0.91 and a current ratio of 2.00. The firm has a market cap of £263.81 million, a P/E ratio of 9.80 and a beta of 1.39.

Norcros (LON:NXR - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported GBX 32.60 ($0.44) earnings per share (EPS) for the quarter. Norcros had a return on equity of 12.35% and a net margin of 6.83%. As a group, research analysts expect that Norcros plc will post 31.3118812 earnings per share for the current year.

Analyst Upgrades and Downgrades

NXR has been the topic of several research reports. Berenberg Bank reissued a "buy" rating and set a GBX 350 ($4.70) price target on shares of Norcros in a research report on Tuesday, July 15th. Shore Capital reaffirmed a "buy" rating on shares of Norcros in a research report on Wednesday.

About Norcros

Norcros is a market leading group of brands providing design led, high quality bathroom and kitchen products with operations primarily in the UK and South Africa. Based in the UK, Norcros operates under six brands: · Triton – Market leader in the manufacture and marketing of showers in the UK · Merlyn – UK and Ireland's No.1 supplier of shower enclosures and trays to the residential, commercial, and hospitality sectors · Grant Westfield – Leading manufacturer of high-end waterproof bathroom wall panels · Vado – Leading manufacturer and supplier of taps, mixer showers, bathroom accessories, and valves · Croydex – Market-leading, innovative designer, manufacturer, and distributor of high-quality bathroom furnishings and accessories · Abode – Leading niche designer and distributor of high-quality kitchen taps, bathroom taps, and kitchen sinks Based in South Africa, Norcros operates under four brands: · Tile Africa – Chain of retail stores focused on ceramic and porcelain tiles and associated products such as sanitaryware, showers, and adhesives · Johnson Tiles South Africa – Manufacturer of ceramic and porcelain tiles · TAL – Leading manufacturer of ceramic and building adhesives in South Africa · House of Plumbing – Market-leading supplier of specialist plumbing materials Norcros is headquartered in Wilmslow, Cheshire and employs around 2,100 people.