Somero Enterprises (LON:SOM) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Somero Enterprises, Inc. (LON:SOMGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 199.59 and traded as high as GBX 232.90. Somero Enterprises shares last traded at GBX 230, with a volume of 32,827 shares changing hands.

Somero Enterprises Stock Up 2.2%

The company has a debt-to-equity ratio of 3.50, a current ratio of 5.06 and a quick ratio of 2.00. The stock’s fifty day simple moving average is GBX 195.60 and its 200-day simple moving average is GBX 199.59. The stock has a market cap of £119.08 million, a P/E ratio of 12.78 and a beta of 0.57.

Somero Enterprises Company Profile

(Get Free Report)

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

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