NORMA Group (ETR:NOEJ) Trading Up 0.9% – Here’s What Happened

NORMA Group SE (ETR:NOEJ) shares shot up 0.9% during mid-day trading on Wednesday . The company traded as high as €16.44 and last traded at €16.34. 41,773 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 99,678 shares. The stock had previously closed at €16.20.

NORMA Group Trading Up 0.9%

The company has a 50 day moving average of €14.79 and a 200 day moving average of €15.03. The company has a current ratio of 2.35, a quick ratio of 0.89 and a debt-to-equity ratio of 69.27. The firm has a market cap of $534.33 million, a price-to-earnings ratio of 22.95, a price-to-earnings-growth 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. 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.