Benchmark (LON:BMK) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Benchmark Holdings plc (LON:BMK)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 25.33 ($0.33) and traded as low as GBX 20 ($0.26). Benchmark shares last traded at GBX 20.41 ($0.27), with a volume of 214,905 shares changing hands.

Benchmark Price Performance

The stock has a market cap of £151.29 million, a PE ratio of -3.82, a P/E/G ratio of -19.62 and a beta of 0.69. The firm’s fifty day moving average price is GBX 25.33 and its 200 day moving average price is GBX 31.59. The company has a quick ratio of 1.41, a current ratio of 1.73 and a debt-to-equity ratio of 33.02.

Benchmark (LON:BMK) last announced 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 net margin of 43.67% and a negative return on equity of 16.05%. As a group, equities analysts expect that Benchmark Holdings plc will post 0.9566873 EPS for the current fiscal year.

Benchmark Company Profile

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.