Benchmark (LON:BMK) Stock Passes Below 50 Day Moving Average of $37.77

Shares of Benchmark Holdings plc (LON:BMK – Get Rating) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 37.77 ($0.46) and traded as low as GBX 34 ($0.41). Benchmark shares last traded at GBX 34 ($0.41), with a volume of 35,340 shares.

Benchmark Stock Down 6.8 %

The company has a current ratio of 2.20, a quick ratio of 1.41 and a debt-to-equity ratio of 32.98. The firm has a market capitalization of £251.36 million, a P/E ratio of -850.00, a P/E/G ratio of -19.62 and a beta of 0.73. The company has a 50 day simple moving average of GBX 37.77 and a two-hundred day simple moving average of GBX 38.35.

Insiders Place Their Bets

In other news, insider Yngve Myhre bought 200,000 shares of the stock in a transaction dated Wednesday, March 1st. The stock was purchased at an average cost of GBX 38 ($0.46) per share, for a total transaction of £76,000 ($92,626.45). 2.80% of the stock is currently owned by corporate insiders.

Benchmark Company Profile

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Benchmark Holdings plc, together with its subsidiaries, engages in the provision of technical services, products, and specialist knowledge that supports the development of food and farming industries. The company operates through Genetics, Advanced Nutrition, and Health segments. The Genetics segment offers sea bass/bream, salmon, shrimp, and tilapia breeding technologies and production facilities to the harnesses industry to provide various genetic merit ova.