Benchmark (LON:BMK) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Benchmark Holdings plc (LON:BMK) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 27.46 ($0.35) and traded as low as GBX 26.30 ($0.34). Benchmark shares last traded at GBX 26.30 ($0.34), with a volume of 3,041 shares.

Benchmark Price Performance

The firm has a market cap of £192.73 million, a P/E ratio of -4.87, a P/E/G ratio of -19.62 and a beta of 0.69. The business’s fifty day moving average price is GBX 27.42 and its two-hundred day moving average price is GBX 33.89. The company has a current ratio of 1.73, a quick ratio of 1.41 and a debt-to-equity ratio of 33.02.

Benchmark (LON:BMK) last posted its earnings results on Wednesday, January 8th. The company reported GBX (5.99) (($0.08)) earnings per share (EPS) for the quarter. Benchmark had a negative net margin of 43.67% and a negative return on equity of 16.05%. As a group, equities research analysts anticipate that Benchmark Holdings plc will post 0.9566873 EPS for the current year.

About Benchmark

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.