Somero Enterprises (LON:SOM) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Somero Enterprises, Inc. (LON:SOMGet Free Report) passed 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 traded.

Somero Enterprises Stock Up 2.3%

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

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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