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

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 changing hands.

Benchmark Stock Performance

The stock has a market cap of £192.73 million, a price-to-earnings ratio of -4.87, a PEG ratio of -19.62 and a beta of 0.69. The company has a quick ratio of 1.41, a current ratio of 1.73 and a debt-to-equity ratio of 33.02. The stock’s fifty day moving average is GBX 27.42 and its 200-day moving average is GBX 33.89.

Benchmark (LON:BMK) last posted its quarterly 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 return on equity of 16.05% and a negative net margin of 43.67%. On average, analysts forecast 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.