Shore Capital Reiterates “Buy” Rating for Norcros (LON:NXR) – Defense World

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

Shares of Norcros stock opened at GBX 261 ($3.40) on Thursday. The business has a fifty day simple moving average of GBX 267.26 and a 200 day simple moving average of GBX 295.31. The stock has a market cap of £211.55 million and a PE ratio of 8.26. The company has a quick ratio of 0.91, a current ratio of 1.78 and a debt-to-equity ratio of 29.59. Norcros has a 12 month low of GBX 238 ($3.10) and a 12 month high of GBX 351.32 ($4.58).

Norcros Company Profile (Get Rating)

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, high end brassware, 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.

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Source: https://www.defenseworld.net/2022/04/14/shore-capital-reiterates-buy-rating-for-norcros-lonnxr.html

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