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Somero Enterprises (LON:SOM) Stock Crosses Below 200 Day Moving Average - Time to Sell?

Somero Enterprises logo with Industrials background

Somero Enterprises, Inc. (LON:SOM - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 258.75 ($3.47) and traded as low as GBX 220 ($2.95). Somero Enterprises shares last traded at GBX 225 ($3.02), with a volume of 165,282 shares trading hands.

Somero Enterprises Price Performance

The firm has a 50 day moving average of GBX 240.42 and a 200-day moving average of GBX 258.75. The company has a market cap of £152.62 million, a P/E ratio of 6.44 and a beta of 1.01. The company has a current ratio of 4.63, a quick ratio of 2.00 and a debt-to-equity ratio of 2.35.

Insider Transactions at Somero Enterprises

In other news, insider Thomas M. Anderson bought 29,000 shares of the firm's stock in a transaction on Tuesday, May 20th. The stock was acquired at an average cost of GBX 254 ($3.41) per share, with a total value of £73,660 ($98,872.48). 1.50% of the stock is currently owned by insiders.

Somero Enterprises Company Profile

(Get Free Report)

Somero provides industry-leading concrete-levelling equipment, training, education and support to customers in over 90 countries.

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