Free Trial

Norcros (LON:NXR) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Norcros logo with Industrials background

Norcros plc (LON:NXR - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 240.60 ($3.26) and traded as high as GBX 264 ($3.58). Norcros shares last traded at GBX 251 ($3.41), with a volume of 23,620 shares traded.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on NXR shares. Shore Capital reaffirmed a "buy" rating on shares of Norcros in a research report on Thursday, April 10th. Berenberg Bank reiterated a "buy" rating and issued a GBX 350 ($4.75) price target on shares of Norcros in a research note on Thursday, April 10th.

Get Our Latest Stock Report on NXR

Norcros Stock Performance

The company has a quick ratio of 0.91, a current ratio of 2.00 and a debt-to-equity ratio of 40.60. The company has a 50 day moving average of GBX 236.53 and a 200 day moving average of GBX 239.98. The firm has a market cap of £223.57 million, a price-to-earnings ratio of 8.30 and a beta of 1.39.

Norcros Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Norcros Right Now?

Before you consider Norcros, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norcros wasn't on the list.

While Norcros currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines