Shore Capital Reaffirms Buy Rating for Norcros (LON:NXR)

Norcros (LON:NXR – Get Rating)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a research report issued to clients and investors on Monday, Marketbeat.com reports.

Shares of NXR stock opened at GBX 242 ($2.94) on Monday. The stock’s fifty day moving average is GBX 241.11 and its 200-day moving average is GBX 272.95. The company has a debt-to-equity ratio of 21.37, a quick ratio of 0.89 and a current ratio of 1.81. The stock has a market capitalization of £215.75 million and a PE ratio of 7.76. Norcros has a 52 week low of GBX 211 ($2.56) and a 52 week high of GBX 351.32 ($4.26).

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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