Thomas Willcocks Sells 47,618 Shares of Norcros (LON:NXR) Stock

Norcros plc (LON:NXRGet Free Report) insider Thomas Willcocks sold 47,618 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of GBX 314, for a total transaction of £149,520.52.

Norcros Stock Performance

Shares of NXR traded up GBX 1 during mid-day trading on Monday, reaching GBX 315. The company had a trading volume of 229,532 shares, compared to its average volume of 179,938. Norcros plc has a 52-week low of GBX 252 and a 52-week high of GBX 374. The company has a quick ratio of 0.91, a current ratio of 1.92 and a debt-to-equity ratio of 65.07. The stock has a market capitalization of £281.07 million, a P/E ratio of 1,050.00 and a beta of 1.04. The stock has a 50 day moving average of GBX 294.83 and a two-hundred day moving average of GBX 308.79.

Norcros (LON:NXRGet Free Report) last released its quarterly earnings results on Wednesday, June 17th. The company reported GBX 36.30 earnings per share for the quarter. The company had revenue of £393.40 million during the quarter. Norcros had a return on equity of 0.15% and a net margin of 0.08%. On average, analysts expect that Norcros plc will post 31.3118812 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NXR. Berenberg Bank reiterated a “buy” rating and issued a GBX 440 price objective on shares of Norcros in a research report on Wednesday, July 22nd. Shore Capital Group reaffirmed a “house stock” rating on shares of Norcros in a report on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 470.

View Our Latest Report on Norcros

About Norcros

(Get Free Report)

Norcros is a market leading group of brands providing design led, high quality bathroom and kitchen products with operations primarily in the UK and South Africa.

Based in the UK, Norcros operates under six brands:

· Triton – Market leader in the manufacture and marketing of showers in the UK
· Merlyn – UK and Ireland’s No.1 supplier of shower enclosures and trays to the residential, commercial, and hospitality sectors
· Grant Westfield – Leading manufacturer of high-end waterproof bathroom wall panels
· Vado – Leading manufacturer and supplier of taps, mixer showers, bathroom accessories, and valves
· Croydex – Market-leading, innovative designer, manufacturer, and distributor of high-quality bathroom furnishings and accessories
· Abode – Leading niche designer and distributor of high-quality kitchen taps, bathroom taps, and kitchen sinks

Based in South Africa, Norcros operates under four brands:

· Tile Africa – Chain of retail stores focused on ceramic and porcelain tiles and associated products such as sanitaryware, showers, and adhesives
· Johnson Tiles South Africa – Manufacturer of ceramic and porcelain tiles
· TAL – Leading manufacturer of ceramic and building adhesives in South Africa
· House of Plumbing – Market-leading supplier of specialist plumbing materials

Norcros is headquartered in Wilmslow, Cheshire and employs around 2,100 people.

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