Somero Enterprises (LON:SOM) Stock Crosses Below Two Hundred Day Moving Average of $340.41

Somero Enterprises, Inc. (LON:SOMGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 340.41 ($4.32) and traded as low as GBX 332.50 ($4.22). Somero Enterprises shares last traded at GBX 335 ($4.25), with a volume of 184,779 shares changing hands.

Somero Enterprises Price Performance

The company has a market capitalization of £184.52 million, a price-to-earnings ratio of 858.97 and a beta of 0.84. The company has a quick ratio of 2.00, a current ratio of 4.62 and a debt-to-equity ratio of 2.35. The company has a 50 day simple moving average of GBX 343.52 and a 200 day simple moving average of GBX 340.41.

About Somero Enterprises

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Somero Enterprises, Inc, together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. The company offers lightweight, ride-on, boom, and stationary screeds; and materials and concrete placement equipment comprising broom + cure machine, line-pulling and -placing system, and topping spreaders.

Further Reading

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