Norcros’ (NXR) Buy Rating Reiterated at Shore Capital – Defense World

Norcros (LON:NXR – Get Rating)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a report released on Tuesday, MarketBeat reports.

Norcros Stock Performance

Shares of LON:NXR opened at GBX 225 ($2.69) on Tuesday. The company’s 50 day moving average price is GBX 234.81 and its two-hundred day moving average price is GBX 260.73. Norcros has a 12-month low of GBX 211 ($2.52) and a 12-month high of GBX 351.32 ($4.20). The firm has a market cap of £200.63 million and a PE ratio of 725.81. The company has a quick ratio of 0.86, a current ratio of 1.81 and a debt-to-equity ratio of 21.37.

About Norcros

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Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand name; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand name; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand name.

Further Reading



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Source: https://www.defenseworld.net/2022/07/21/norcros-nxr-buy-rating-reiterated-at-shore-capital.html

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