Somero Enterprises (LON:SOM) Share Price Passes Below 200 Day Moving Average - Time to Sell?

Key Points

• Somero's stock crossed below its 200-day moving average, trading at GBX 190 (low GBX 185) versus the 200-day MA of GBX 219.52 on a volume of 326,632 shares.
• Fundamentals show strong liquidity and positive profitability, with a current ratio of 5.06, quick ratio 2.00, ROE 12.71%, net margin 11.51%, a P/E of 10.56 and a market cap of £102.6M.
• Somero reported quarterly EPS of GBX 0.19, and sell-side analysts' consensus expects EPS of 26.2042389 for the current year.

Somero Enterprises, Inc. (LON:SOM - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 219.52 and traded as low as GBX 185. Somero Enterprises shares last traded at GBX 190, with a volume of 326,632 shares.

Somero Enterprises Stock Up 2.2%

The company has a debt-to-equity ratio of 3.50, a quick ratio of 2.00 and a current ratio of 5.06. The business has a 50-day moving average of GBX 207.53 and a 200-day moving average of GBX 219.52. The stock has a market capitalization of £102.60 million, a price-to-earnings ratio of 10.56 and a beta of 0.65.

Somero Enterprises (LON:SOM - Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 0.19 EPS for the quarter. Somero Enterprises had a return on equity of 12.71% and a net margin of 11.51%. On average, sell-side analysts expect that Somero Enterprises, Inc. will post 26.2042389 EPS for the current year.

About Somero Enterprises

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

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