Somero Enterprises (LON:SOM) Shares Cross Above 200 Day Moving Average – What’s Next?

Somero Enterprises, Inc. (LON:SOMGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 231.20 and traded as high as GBX 238. Somero Enterprises shares last traded at GBX 232.50, with a volume of 107,366 shares trading hands.

Somero Enterprises Trading Up 1.1%

The firm has a market cap of £126.48 million, a P/E ratio of 10.11 and a beta of 1.01. The company’s 50 day moving average is GBX 229.88 and its two-hundred day moving average is GBX 231.20. The company has a debt-to-equity ratio of 2.35, a current ratio of 4.63 and a quick ratio of 2.00.

Somero Enterprises Company Profile

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

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