Shares of Somero Enterprises, Inc. (LON:SOM - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 315.37 ($4.00) and traded as low as GBX 291 ($3.69). Somero Enterprises shares last traded at GBX 298 ($3.78), with a volume of 33,781 shares trading hands.
Somero Enterprises Price Performance
The company has a debt-to-equity ratio of 3.81, a current ratio of 4.48 and a quick ratio of 2.00. The stock's fifty day simple moving average is GBX 282.28 and its 200-day simple moving average is GBX 315.17. The company has a market capitalization of £154.35 million, a P/E ratio of 856.06 and a beta of 1.01.
Somero Enterprises Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 19th were issued a dividend of $0.08 per share. This represents a yield of 1.98%. The ex-dividend date was Thursday, September 19th. Somero Enterprises's dividend payout ratio (DPR) is 6,666.67%.
About Somero Enterprises
(
Get Free Report)
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.
Further Reading
Before you consider Somero Enterprises, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Somero Enterprises wasn't on the list.
While Somero Enterprises currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.