Somero Enterprises (LON:SOM) Stock Passes Below 200-Day Moving Average – Here’s Why

Somero Enterprises, Inc. (LON:SOMGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 225 and traded as low as GBX 210. Somero Enterprises shares last traded at GBX 220, with a volume of 101,764 shares trading hands.

Somero Enterprises Stock Performance

The company has a market cap of £118.94 million, a price-to-earnings ratio of 9.57 and a beta of 1.01. The firm’s 50 day simple moving average is GBX 221.04 and its 200-day simple moving average is GBX 225. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.00 and a current ratio of 4.63.

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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