Somero Enterprises (LON:SOM) Stock Price Crosses Above Two Hundred Day Moving Average of $318.03

Somero Enterprises, Inc. (LON:SOM)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 318.03 ($3.96) and traded as high as GBX 339.50 ($4.23). Somero Enterprises shares last traded at GBX 335 ($4.17), with a volume of 45,562 shares trading hands.

Somero Enterprises Stock Performance

The firm has a market cap of £183.65 million, a P/E ratio of 832.50 and a beta of 0.83. The business’s 50-day moving average is GBX 336.85 and its two-hundred day moving average is GBX 318.15. The company has a debt-to-equity ratio of 2.35, a current ratio of 4.62 and a quick ratio of 2.00.

Somero Enterprises Increases Dividend

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

Somero Enterprises Company Profile

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.