Norcros (LON:NXR) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Key Points

• Norcros' stock crossed below its 200-day moving average (200‑day SMA GBX 307.29), trading as low as GBX 285 and last at GBX 286.50, down about 2.6% on a volume of 34,902 shares.
• The company has a market cap of £256.96 million and a PE of 20.46, with leverage and liquidity metrics including a debt‑to‑equity of 44.2, current ratio 1.93 and quick ratio 0.91.
• Norcros is a market‑leading group of bathroom and kitchen brands operating primarily in the UK and South Africa (around 2,100 employees), with notable brands such as Triton, Merlyn, Vado, Croydex, Tile Africa and Johnson Tiles.

Norcros plc (LON:NXR - )'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 307.29 and traded as low as GBX 285. Norcros shares last traded at GBX 286.50, with a volume of 34,902 shares changing hands.

Norcros Stock Down 2.6%

The firm has a market cap of £256.96 million, a PE ratio of 20.46 and a beta of 0.95. The company has a debt-to-equity ratio of 44.20, a quick ratio of 0.91 and a current ratio of 1.93. The company's 50-day simple moving average is GBX 336.29 and its two-hundred day simple moving average is GBX 307.29.

Norcros Company Profile

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.

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