Norcros plc (LON:NXR)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as low as $210.75. Norcros shares last traded at $213.00, with a volume of 26,724 shares.
A number of analysts have commented on NXR shares. Peel Hunt reissued a “buy” rating on shares of Norcros in a report on Monday, July 22nd. Numis Securities reissued a “buy” rating and issued a GBX 300 ($3.92) target price on shares of Norcros in a report on Wednesday, June 12th.
The stock has a market cap of $175.42 million and a PE ratio of 8.91. The company has a quick ratio of 1.02, a current ratio of 1.99 and a debt-to-equity ratio of 49.48. The firm has a 50 day simple moving average of GBX 216.61.
The company also recently declared a dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, June 20th were paid a GBX 5.60 ($0.07) dividend. This is an increase from Norcros’s previous dividend of $2.80. This represents a dividend yield of 2.73%. The ex-dividend date of this dividend was Thursday, June 20th. Norcros’s dividend payout ratio (DPR) is 0.33%.
In other news, insider Nick Kelsall purchased 4,418 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average cost of GBX 209 ($2.73) per share, for a total transaction of £9,233.62 ($12,065.36).
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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