Norcros (LON:NXR) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Norcros plc (LON:NXR - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 233.26 ($2.95) and traded as high as GBX 260 ($3.29). Norcros shares last traded at GBX 248 ($3.14), with a volume of 148,426 shares trading hands.

Analyst Ratings Changes

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

Norcros Trading Up 0.2 %

The company has a debt-to-equity ratio of 40.60, a current ratio of 2.02 and a quick ratio of 0.91. The stock has a 50-day moving average price of GBX 251.80 and a two-hundred day moving average price of GBX 233.26. The stock has a market cap of £222.36 million, a PE ratio of 826.67 and a beta of 1.39.

Norcros Company Profile

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.