Somero Enterprises (LON:SOM) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Somero Enterprises, Inc. (LON:SOM) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 221.14 and traded as low as GBX 180. Somero Enterprises shares last traded at GBX 188.75, with a volume of 717,924 shares.

Somero Enterprises Trading Down 0.7%

The company has a debt-to-equity ratio of 3.50, a quick ratio of 2.00 and a current ratio of 5.06. The firm has a market cap of £102.05 million, a P/E ratio of 8.21 and a beta of 0.59. The firm has a 50 day simple moving average of GBX 211.70 and a 200 day simple moving average of GBX 221.14.

Somero Enterprises (LON:SOM) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 0.19 earnings per share for the quarter. Somero Enterprises had a return on equity of 12.71% and a net margin of 11.51%. On average, equities research analysts predict that Somero Enterprises, Inc. will post 26.2042389 EPS for the current fiscal year.

Somero Enterprises Company Profile

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