Somero Enterprises (LON:SOM) Share Price Passes Below 200 Day Moving Average – Here’s Why
by Michael Walen · The Markets DailySomero Enterprises, Inc. (LON:SOM – Get Free Report)’s stock price 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 trading hands.
Somero Enterprises Stock Performance
The stock has a market capitalization of £102.05 million, a PE ratio of 8.21 and a beta of 0.59. 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 50 day moving average of GBX 211.28 and a 200-day moving average of GBX 220.89.
Somero Enterprises (LON:SOM – Get Free Report) last issued its 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%. Research analysts forecast that Somero Enterprises, Inc. will post 26.2042389 earnings per share for the current year.
About Somero Enterprises
Somero provides industry-leading concrete-levelling equipment, training, education and support to customers in over 90 countries.