Somero Enterprises (LON:SOM) Stock Passes Below Two Hundred Day Moving Average of $322.99

Somero Enterprises, Inc. (LON:SOM)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 322.99 ($4.06) and traded as low as GBX 320 ($4.02). Somero Enterprises shares last traded at GBX 322.40 ($4.05), with a volume of 146,601 shares trading hands.

Somero Enterprises Stock Performance

The firm’s 50 day moving average price is GBX 333.72 and its two-hundred day moving average price is GBX 322.99. The firm has a market cap of £184.69 million, a PE ratio of 806.00 and a beta of 0.83. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.00 and a current ratio of 4.62.

Somero Enterprises Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 11th will be paid a dividend of $0.21 per share. This is a boost from Somero Enterprises’s previous dividend of $0.10. The ex-dividend date of this dividend is Thursday, April 11th. This represents a yield of 4.69%. Somero Enterprises’s dividend payout ratio (DPR) is 6,250.00%.

About Somero Enterprises

Somero Enterprises, Inc, together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. The company offers lightweight, ride-on, boom, and stationary screeds; and materials and concrete placement equipment comprising broom + cure machine, line-pulling and -placing system, and topping spreaders.