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

Somero Enterprises, Inc. (LON:SOM)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 222.79 and traded as low as GBX 190. Somero Enterprises shares last traded at GBX 200, with a volume of 389,041 shares trading hands.

Somero Enterprises Price Performance

The firm has a fifty day moving average of GBX 214.88 and a two-hundred day moving average of GBX 222.79. The stock has a market capitalization of £108.13 million, a P/E ratio of 8.70 and a beta of 0.59. The company has a debt-to-equity ratio of 3.50, a current ratio of 5.06 and a quick ratio of 2.00.

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

Somero Enterprises Company Profile

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