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

Somero Enterprises logo with Industrials background

Somero Enterprises, Inc. (LON:SOM - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 268.83 ($3.69) and traded as low as GBX 240 ($3.29). Somero Enterprises shares last traded at GBX 247 ($3.39), with a volume of 78,801 shares trading hands.

Somero Enterprises Price Performance

The company has a quick ratio of 2.00, a current ratio of 4.63 and a debt-to-equity ratio of 2.35. The company has a market cap of £169.58 million, a PE ratio of 7.16 and a beta of 1.01. The stock has a 50-day simple moving average of GBX 238.32 and a 200 day simple moving average of GBX 267.62.

Insider Buying and Selling at Somero Enterprises

In other news, insider Thomas M. Anderson acquired 29,000 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The shares were purchased at an average price of GBX 254 ($3.49) per share, for a total transaction of £73,660 ($101,084.12). Company insiders own 1.50% of the company's stock.

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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