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

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

Somero Enterprises Stock Performance

The firm’s fifty day simple moving average is GBX 282.61 and its 200 day simple moving average is GBX 305.12. The company has a market capitalization of £177.15 million, a price-to-earnings ratio of 977.27 and a beta of 1.01. The company has a debt-to-equity ratio of 3.81, a current ratio of 4.48 and a quick ratio of 2.00.

About Somero Enterprises

(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.

See Also

Receive News & Ratings for Somero Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Somero Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.