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Somero Enterprises (LON:SOM) Shares Cross Below 200 Day Moving Average - Here's What Happened

Somero Enterprises logo with Industrials background

Somero Enterprises, Inc. (LON:SOM - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 275.17 ($3.66) and traded as low as GBX 227.75 ($3.03). Somero Enterprises shares last traded at GBX 227.75 ($3.03), with a volume of 128,374 shares.

Somero Enterprises Trading Up 2.0%

The firm has a market cap of £169.58 million, a price-to-earnings ratio of 7.16 and a beta of 1.01. The company has a debt-to-equity ratio of 2.35, a current ratio of 4.63 and a quick ratio of 2.00. The firm's fifty day moving average is GBX 241.14 and its 200-day moving average is GBX 274.73.

Somero Enterprises Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 9th. Investors of record on Thursday, April 10th were issued a $0.13 dividend. This is a positive change from Somero Enterprises's previous dividend of $0.08. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 3.85%. Somero Enterprises's payout ratio is presently 62.99%.

About Somero Enterprises

(Get Free Report)

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

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