Norcros (LON:NXR) Shares Pass Below 200-Day Moving Average of $0.00
Norcros plc (LON:NXR) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as low as $205.00. Norcros shares last traded at $205.00, with a volume of 12,394 shares trading hands.
A number of analysts have recently issued reports on NXR shares. Peel Hunt lowered their target price on shares of Abcam from GBX 1,550 ($20.25) to GBX 1,430 ($18.69) and set an “add” rating for the company in a research note on Monday, July 22nd. Numis Securities reissued an “add” rating and set a GBX 530 ($6.93) target price on shares of in a research note on Wednesday, June 12th.
The business has a 50 day moving average price of GBX 216.43. The firm has a market capitalization of $164.76 million and a P/E ratio of 8.58. The company has a debt-to-equity ratio of 49.48, a current ratio of 1.99 and a quick ratio of 1.02.
Norcros Company Profile (LON:NXR)
Norcros plc, together with its subsidiaries, engages in the development, manufacture, and marketing of 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; 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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