Somero Enterprises (LON:SOM) Trading 13.3% Higher – Still a Buy?

Somero Enterprises, Inc. (LON:SOMGet Free Report) shares rose 13.3% on Thursday . The stock traded as high as GBX 214.67 and last traded at GBX 209.55. 669,621 shares were traded during mid-day trading, an increase of 277% from the average session volume of 177,669 shares. The stock had previously closed at GBX 185.

Somero Enterprises Trading Up 13.3%

The business has a 50 day simple moving average of GBX 186.94 and a two-hundred day simple moving average of GBX 199.34. The company has a current ratio of 5.06, a quick ratio of 2.00 and a debt-to-equity ratio of 3.50. The company has a market cap of £108.50 million, a PE ratio of 11.64 and a beta of 0.57.

Somero Enterprises Company Profile

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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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