Norcros (LON:NXR) Earns Buy Rating from Shore Capital

Norcros (LON:NXRGet Rating)‘s stock had its “buy” rating reiterated by stock analysts at Shore Capital in a research report issued to clients and investors on Thursday, reports.

Shares of Norcros stock opened at GBX 226 ($2.79) on Thursday. The company has a current ratio of 1.78, a quick ratio of 0.91 and a debt-to-equity ratio of 29.59. The company has a fifty day simple moving average of GBX 250.64 and a 200-day simple moving average of GBX 287.40. The stock has a market cap of £183.20 million and a price-to-earnings ratio of 7.15. Norcros has a 12-month low of GBX 211 ($2.60) and a 12-month high of GBX 351.32 ($4.33).

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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