Norcros plc (LON:NXR - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 241.99 ($3.33) and traded as high as GBX 277 ($3.81). Norcros shares last traded at GBX 277 ($3.81), with a volume of 34,838 shares changing hands.
Analyst Ratings Changes
NXR has been the subject of a number of recent analyst reports. Shore Capital restated a "buy" rating on shares of Norcros in a research report on Thursday, April 10th. Berenberg Bank reissued a "buy" rating and issued a GBX 350 ($4.81) price target on shares of Norcros in a research note on Thursday, April 10th.
Read Our Latest Stock Report on NXR
Norcros Trading Down 0.4%
The firm has a market cap of £244.14 million, a price-to-earnings ratio of 9.07 and a beta of 1.39. The company's 50-day moving average price is GBX 260.88 and its 200-day moving average price is GBX 242.05. The company has a quick ratio of 0.91, a current ratio of 2.00 and a debt-to-equity ratio of 40.60.
Norcros (LON:NXR - Get Free Report) last released its quarterly earnings results on Thursday, June 12th. The company reported GBX 32.60 ($0.45) earnings per share for the quarter. Norcros had a net margin of 6.83% and a return on equity of 12.35%. Equities analysts expect that Norcros plc will post 31.3118812 EPS for the current fiscal year.
About Norcros
(
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.
Featured Stories
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
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
