Somero Enterprises (LON:SOM) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Shares of Somero Enterprises, Inc. (LON:SOMGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 305.47 ($3.83) and traded as high as GBX 330 ($4.14). Somero Enterprises shares last traded at GBX 325 ($4.07), with a volume of 190,564 shares trading hands.

Somero Enterprises Stock Performance

The company has a current ratio of 4.48, a quick ratio of 2.00 and a debt-to-equity ratio of 3.81. The firm has a market capitalization of £177.48 million, a P/E ratio of 979.12 and a beta of 1.01. The business’s 50 day simple moving average is GBX 280.54 and its two-hundred day simple moving average is GBX 305.47.

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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