Benchmark (LON:BMK) Shares Pass Below 200 Day Moving Average – What’s Next?

Benchmark Holdings plc (LON:BMK) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 36.04 ($0.45) and traded as low as GBX 27.43 ($0.34). Benchmark shares last traded at GBX 28.40 ($0.35), with a volume of 1,430 shares trading hands.

Benchmark Stock Up 0.9 %

The firm has a market cap of £210.10 million, a PE ratio of -710.00, a P/E/G ratio of -19.62 and a beta of 0.69. The stock has a 50-day simple moving average of GBX 30.85 and a two-hundred day simple moving average of GBX 36.04. The company has a quick ratio of 1.41, a current ratio of 2.71 and a debt-to-equity ratio of 36.32.

Benchmark (LON:BMK) last announced its earnings results on Wednesday, January 8th. The company reported GBX (5.99) (($0.07)) earnings per share for the quarter. Benchmark had a negative net margin of 22.54% and a negative return on equity of 10.37%. Analysts expect that Benchmark Holdings plc will post 0.9566873 earnings per share 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.