Norcros plc (LON:NXR - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 254 ($3.32) and last traded at GBX 254 ($3.32), with a volume of 160461 shares. The stock had previously closed at GBX 250 ($3.26).
Separately, Shore Capital reaffirmed a "buy" rating on shares of Norcros in a report on Wednesday, July 24th.
Check Out Our Latest Stock Analysis on NXR
The business has a 50 day moving average price of GBX 232.29 and a two-hundred day moving average price of GBX 218.75. The stock has a market cap of £227.30 million, a P/E ratio of 843.33 and a beta of 1.39. The company has a quick ratio of 0.91, a current ratio of 2.02 and a debt-to-equity ratio of 40.60.
In other news, insider James Eyre sold 20,992 shares of Norcros stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of GBX 245 ($3.20), for a total transaction of £51,430.40 ($67,159.05). 10.99% of the stock is currently owned by corporate insiders.
Norcros plc, together with its subsidiaries, develops, manufactures, and markets 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; 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; 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.
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