NORMA Group (ETR:NOEJ) Trading Down 2.3% - Should You 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 - )'s stock price dropped 2.3% during trading on Monday . The stock traded as low as €15.10 ($17.56) and last traded at €15.22 ($17.70). Approximately 117,372 shares were traded during 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 Trading Up 1.1%

The company has a debt-to-equity ratio of 69.27, a current ratio of 2.35 and a quick ratio of 0.89. The company has a market capitalization of $502.94 million, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 0.82 and a beta of 1.56. The business's 50 day simple moving average is €14.06 and its 200 day simple moving average is €13.71.

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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