Norcros (LON:NXR) Hits New 1-Year High – Here’s What Happened

Shares of Norcros plc (LON:NXR) hit a new 52-week high on Monday . The stock traded as high as GBX 277 ($3.60) and last traded at GBX 277 ($3.60), with a volume of 593820 shares. The stock had previously closed at GBX 263 ($3.41).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Norcros in a research report on Wednesday, July 24th.

Norcros Stock Performance

The company has a current ratio of 2.02, a quick ratio of 0.91 and a debt-to-equity ratio of 40.60. The firm has a market cap of £247.89 million, a price-to-earnings ratio of 893.33 and a beta of 1.39. The stock has a fifty day moving average price of GBX 237.59 and a 200 day moving average price of GBX 222.69.

About Norcros

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.