Somero Enterprises (LON:SOM) Share Price Passes Below 200 Day Moving Average – Here’s Why

Somero Enterprises, Inc. (LON:SOMGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 227.41 and traded as low as GBX 210. Somero Enterprises shares last traded at GBX 217, with a volume of 205,543 shares traded.

Somero Enterprises Stock Performance

The company’s 50-day moving average price is GBX 224.71 and its two-hundred day moving average price is GBX 227.41. The company has a market capitalization of £116.68 million, a price-to-earnings ratio of 9.35 and a beta of 1.01. The company has a debt-to-equity ratio of 2.35, a current ratio of 4.63 and a quick ratio of 2.00.

About Somero Enterprises

(Get Free Report)

Somero provides industry-leading concrete-levelling equipment, training, education and support to customers in over 90 countries.

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