Somero Enterprises (LON:SOM) Share Price Passes Below Two Hundred Day Moving Average of $303.33

Somero Enterprises, Inc. (LON:SOM) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 303.33 ($3.74) and traded as low as GBX 266.50 ($3.29). Somero Enterprises shares last traded at GBX 272.50 ($3.36), with a volume of 40,136 shares changing hands.

Somero Enterprises Trading Down 1.0 %

The business’s 50 day moving average price is GBX 281.73 and its two-hundred day moving average price is GBX 303.33. The company has a current ratio of 4.16, a quick ratio of 2.00 and a debt-to-equity ratio of 2.91. The company has a market capitalization of £150.04 million, a price-to-earnings ratio of 717.11 and a beta of 0.76.

Somero Enterprises Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 20th. Stockholders of record on Thursday, September 21st were paid a $0.10 dividend. The ex-dividend date was Thursday, September 21st. This represents a dividend yield of 2.69%. Somero Enterprises’s dividend payout ratio is currently 7,368.42%.

Somero Enterprises Company Profile

Somero Enterprises, Inc, together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. The company offers lightweight, ride-on, boom, and stationary screeds; and materials and concrete placement equipment comprising broom + cure machine, line-pulling and -placing system, and topping spreaders.