NORMA Group (ETR:NOEJ) Stock Jumps 1.9% – Here’s Why

NORMA Group SE (ETR:NOEJ – Get Free Report)’s stock price was up 1.9% during trading on Monday. The company traded as high as €15.28 and last traded at €15.06. Approximately 93,655 shares traded hands during trading, a decline of 6% from the average daily volume of 99,678 shares. The stock had previously closed at €14.78.

NORMA Group Stock Up 1.9%

The firm has a market capitalization of $492.48 million, a P/E ratio of 21.15, a PEG ratio of 0.82 and a beta of 0.63. The company has a debt-to-equity ratio of 13.07, a quick ratio of 0.89 and a current ratio of 2.36. The firm’s 50-day moving average is €18.61 and its 200 day moving average is €17.44.

About NORMA Group

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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. The company sells its products to distributors, original equipment manufacturer aftermarket customers, technical wholesalers, and hardware stores under the ABA, Breeze, Clamp-All, CONNECTORS, FISH, Gemi, Kimplas, NDS, NORMA, Raindrip, R.G.RAY, Serflex, TORCA, and TRUSTLENE brand names.

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