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

Somero Enterprises, Inc. (LON:SOMGet Free Report) 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

(Get Free Report)

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.

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