NORMA Group (ETR:NOEJ) Trading Down 2.3% - Time to Sell?

Key Points

• NORMA Group's stock price fell by 2.3% on Monday, closing at €15.22 ($17.70) after trading as low as €15.10 ($17.56).
• The company currently has a debt-to-equity ratio of 69.27 and a market capitalization of $502.94 million.
• NORMA Group manufactures and sells engineered joining technology solutions internationally, including products for water infrastructure and irrigation.

NORMA Group SE (ETR:NOEJ - Get Free Report)'s share price dropped 2.3% on Monday . The stock traded as low as €15.10 ($17.56) and last traded at €15.22 ($17.70). Approximately 117,372 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 99,678 shares. The stock had previously closed at €15.58 ($18.12).

NORMA Group Price Performance

The company has a current ratio of 2.35, a quick ratio of 0.89 and a debt-to-equity ratio of 69.27. The company has a market cap of $539.56 million, a price-to-earnings ratio of 23.18, a P/E/G ratio of 0.82 and a beta of 1.56. The business has a 50-day moving average price of €14.28 and a 200 day moving average price of €13.74.

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.