Somero Enterprises (LON:SOM) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Somero Enterprises, Inc. (LON:SOM)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 219.52 and traded as low as GBX 185. Somero Enterprises shares last traded at GBX 190, with a volume of 326,632 shares.

Somero Enterprises Stock Up 2.2%

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 business has a 50-day moving average of GBX 207.53 and a 200-day moving average of GBX 219.52. The stock has a market capitalization of £102.60 million, a price-to-earnings ratio of 10.56 and a beta of 0.65.

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

About Somero Enterprises

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