NORMA Group (ETR:NOEJ) Stock Price Down 1.8% - Here's Why

NORMA Group SE (ETR:NOEJ - Get Free Report)'s share price fell 1.8% during mid-day trading on Friday . The company traded as low as €12.96 ($14.90) and last traded at €12.96 ($14.90). 38,421 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 99,678 shares. The stock had previously closed at €13.20 ($15.17).

NORMA Group Trading Down 1.8%

The company has a debt-to-equity ratio of 69.27, a quick ratio of 0.89 and a current ratio of 2.35. The business's 50 day moving average price is €11.88 and its 200-day moving average price is €13.82. The firm has a market cap of $423.80 million, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 0.82 and a beta of 1.56.

NORMA Group Company Profile

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.

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