NORMA Group (ETR:NOEJ) Trading Up 0.4% – Still a Buy?

NORMA Group SE (ETR:NOEJ) shares rose 0.4% on Wednesday . The company traded as high as €14.68 and last traded at €14.58. Approximately 21,287 shares changed hands during trading, a decline of 79% from the average daily volume of 99,678 shares. The stock had previously closed at €14.52.

NORMA Group Stock Performance

The company’s 50-day simple moving average is €13.77 and its 200-day simple moving average is €14.85. The stock has a market capitalization of $476.78 million, a price-to-earnings ratio of 20.48, a PEG ratio of 0.82 and a beta of 1.56. The company has a current ratio of 2.35, a quick ratio of 0.89 and a debt-to-equity ratio of 69.27.

About NORMA Group

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.