Benchmark (LON:BMK) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Benchmark Holdings plc (LON:BMK)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 28.06 ($0.36) and traded as low as GBX 24.24 ($0.31). Benchmark shares last traded at GBX 25.45 ($0.33), with a volume of 38,207 shares traded.

Benchmark Price Performance

The company has a 50-day moving average of GBX 28.06 and a 200 day moving average of GBX 34.47. 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 has a market capitalization of £188.65 million, a PE ratio of -4.77, a PEG ratio of -19.62 and a beta of 0.69.

Benchmark (LON:BMK) last released 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 return on equity of 16.05% and a negative net margin of 43.67%. Sell-side analysts predict 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.