NORMA Group (ETR:NOEJ) Shares Down 0.9% – Should You Sell?

NORMA Group SE (ETR:NOEJ)’s stock price dropped 0.9% during trading on Friday . The company traded as low as €15.72 ($16.55) and last traded at €15.76 ($16.59). Approximately 59,661 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 99,678 shares. The stock had previously closed at €15.90 ($16.74).

NORMA Group Stock Down 0.9 %

The company has a debt-to-equity ratio of 75.50, a current ratio of 2.24 and a quick ratio of 0.89. The firm’s 50 day moving average price is €13.40 and its two-hundred day moving average price is €15.54. The firm has a market cap of $502.11 million, a price-to-earnings ratio of 20.47, a P/E/G 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.