NORMA Group (ETR:NOEJ) Shares Down 0.2%

NORMA Group SE (ETR:NOEJGet Rating)’s share price fell 0.2% during mid-day trading on Thursday . The company traded as low as €17.17 ($17.52) and last traded at €17.37 ($17.72). 30,235 shares changed hands during trading, a decline of 70% from the average session volume of 99,678 shares. The stock had previously closed at €17.41 ($17.77).

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NOEJ. Berenberg Bank set a €36.00 ($36.73) target price on shares of NORMA Group in a research report on Tuesday, October 11th. Baader Bank set a €25.00 ($25.51) target price on shares of NORMA Group in a research report on Wednesday, November 2nd. Deutsche Bank Aktiengesellschaft set a €25.00 ($25.51) target price on shares of NORMA Group in a research report on Thursday, November 3rd. Finally, Hauck Aufhäuser Investment Banking set a €22.00 ($22.45) target price on shares of NORMA Group in a research report on Thursday, November 3rd.

NORMA Group Stock Down 0.2 %

The firm’s 50-day moving average price is €15.26 and its 200 day moving average price is €18.70. The firm has a market capitalization of $553.45 million and a price-to-earnings ratio of 13.47. The company has a debt-to-equity ratio of 71.50, a current ratio of 1.55 and a quick ratio of 0.89.

About NORMA Group

(Get Rating)

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. 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 through its distribution network, sales representatives, retailers, and importers.

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