Benchmark (LON:BMK) Trading Up 7.1% - Here's Why

Key Points

• Benchmark Holdings plc shares increased by 7.1% during mid-day trading, reaching a high of GBX 24 and closing at GBX 22.
• The company reported a negative EPS of GBX (1.77) (($0.02)) and has a market cap of £163.08 million.
• Benchmark focuses on enhancing sustainability and profitability for aquaculture producers by developing innovative products that improve yield, quality, and animal health.

Benchmark Holdings plc (LON:BMK - Get Free Report)'s share price was up 7.1% during trading on Tuesday . The stock traded as high as GBX 24 ($0.32) and last traded at GBX 22 ($0.29). Approximately 104,582 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 304,879 shares. The stock had previously closed at GBX 20.55 ($0.27).

Benchmark Stock Up 13.6%

The firm has a 50-day moving average price of GBX 23.93 and a 200 day moving average price of GBX 24.34. The company has a debt-to-equity ratio of 33.02, a current ratio of 1.73 and a quick ratio of 1.41. The company has a market cap of £179.39 million, a price-to-earnings ratio of -4.54, a P/E/G ratio of -19.62 and a beta of 0.69.

Benchmark (LON:BMK - Get Free Report) last posted its earnings results on Thursday, June 12th. The company reported GBX (1.77) (($0.02)) EPS for the quarter. Benchmark had a negative net margin of 43.67% and a negative return on equity of 16.05%. Sell-side analysts predict that Benchmark Holdings plc will post 0.9566873 EPS for the current year.

About Benchmark

Benchmark's mission is to enable aquaculture producers to improve their sustainability and profitability.We bring together biology and technology to develop innovative products which improve yield, quality and animal health and welfare for our customers. We do this by improving the genetic make-up, health and nutrition of their stock - from broodstock and hatchery through to nursery and grow out. Benchmark has a broad portfolio of products and solutions, including salmon eggs, live feed (artemia), diets and probiotics and sea lice treatments.