Benchmark (LON:BMK) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Benchmark Holdings plc (LON:BMK - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 34.28 ($0.42) and traded as low as GBX 28.60 ($0.35). Benchmark shares last traded at GBX 29.50 ($0.36), with a volume of 23,633 shares traded.

Benchmark Price Performance

The company has a quick ratio of 1.41, a current ratio of 2.71 and a debt-to-equity ratio of 36.32. The company has a market capitalization of £206.99 million, a PE ratio of -699.50, a price-to-earnings-growth ratio of -19.62 and a beta of 0.69. The firm's 50-day moving average is GBX 34.12 and its 200-day moving average is GBX 37.44.

Benchmark Company Profile

Benchmark's mission is to enable aquaculture producers to improve their sustainability and profitability.We bring together biology and technology to develop innovative products which improve yield, quality and animal health and welfare for our customers. We do this by improving the genetic make-up, health and nutrition of their stock - from broodstock and hatchery through to nursery and grow out. Benchmark has a broad portfolio of products and solutions, including salmon eggs, live feed (artemia), diets and probiotics and sea lice treatments.