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

Somero Enterprises, Inc. (LON:SOMGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 269.80 ($3.66) and traded as low as GBX 244.90 ($3.32). Somero Enterprises shares last traded at GBX 244.90 ($3.32), with a volume of 35,360 shares traded.

Somero Enterprises Price Performance

The company has a current ratio of 4.63, a quick ratio of 2.00 and a debt-to-equity ratio of 2.35. The company has a market cap of £165.04 million, a PE ratio of 6.97 and a beta of 1.01. The firm has a 50 day moving average of GBX 236.65 and a two-hundred day moving average of GBX 269.80.

Insider Buying and Selling

In other Somero Enterprises news, insider Thomas M. Anderson bought 29,000 shares of the business’s stock in a transaction on Tuesday, May 20th. The shares were acquired at an average cost of GBX 254 ($3.45) per share, for a total transaction of £73,660 ($99,959.29). 1.50% of the stock is currently owned by company insiders.

About Somero Enterprises

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

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