Somero Enterprises (LON:SOM) Stock Price Crosses Above 200 Day Moving Average of $318.03

Somero Enterprises, Inc. (LON:SOM) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 318.03 ($3.96) and traded as high as GBX 339.50 ($4.23). Somero Enterprises shares last traded at GBX 335 ($4.17), with a volume of 45,562 shares changing hands.

Somero Enterprises Trading Up 0.6 %

The company has a 50 day simple moving average of GBX 337.05 and a 200 day simple moving average of GBX 318.03. The company has a current ratio of 4.62, a quick ratio of 2.00 and a debt-to-equity ratio of 2.35. The stock has a market capitalization of £184.75 million, a PE ratio of 837.50 and a beta of 0.83.

Somero Enterprises Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 11th will be paid a dividend of $0.21 per share. The ex-dividend date is Thursday, April 11th. This is an increase from Somero Enterprises’s previous dividend of $0.10. This represents a yield of 4.69%. Somero Enterprises’s dividend payout ratio is currently 6,250.00%.

About Somero Enterprises

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.