Somero Enterprises (LON:SOM) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Somero Enterprises, Inc. (LON:SOMGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 303.29 ($3.75) and traded as high as GBX 328 ($4.05). Somero Enterprises shares last traded at GBX 324 ($4.00), with a volume of 360,832 shares trading hands.

Somero Enterprises Stock Down 0.3 %

The company has a debt-to-equity ratio of 3.81, a current ratio of 4.48 and a quick ratio of 2.00. The firm’s 50 day moving average price is GBX 296.15 and its two-hundred day moving average price is GBX 303.29. The firm has a market cap of £177.97 million, a price-to-earnings ratio of 981.82 and a beta of 1.01.

Somero Enterprises Company Profile

(Get Free Report)

Somero Enterprises, Inc, together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. The company offers lightweight, ride-on, boom, and stationary screeds; and materials and concrete placement equipment comprising broom + cure machine, line-pulling and -placing system, and topping spreaders.

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