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

Somero Enterprises logo with Industrials background

Somero Enterprises, Inc. (LON:SOM - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 262.77 ($3.54) and traded as low as GBX 230 ($3.10). Somero Enterprises shares last traded at GBX 230 ($3.10), with a volume of 21,896 shares trading hands.

Somero Enterprises Trading Down 2.1%

The business's 50 day simple moving average is GBX 240.36 and its two-hundred day simple moving average is GBX 261.33. The stock has a market cap of £156.02 million, a P/E ratio of 6.58 and a beta of 1.01. The company has a quick ratio of 2.00, a current ratio of 4.63 and a debt-to-equity ratio of 2.35.

Insider Buying and Selling at Somero Enterprises

In other news, insider Thomas M. Anderson purchased 29,000 shares of the business's stock in a transaction on Tuesday, May 20th. The shares were acquired at an average price of GBX 254 ($3.43) per share, with a total value of £73,660 ($99,339.18). 1.50% of the stock is currently owned by corporate 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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