Benchmark (LON:BMK) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Benchmark Holdings plc (LON:BMK)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 27.46 ($0.36) 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 Trading Up 1.2 %

The firm has a market capitalization of £194.95 million, a P/E ratio of -4.93, a price-to-earnings-growth ratio of -19.62 and a beta of 0.69. The stock’s 50-day simple moving average is GBX 27.46 and its two-hundred day simple moving average is GBX 33.95. The company has a debt-to-equity ratio of 33.02, a current ratio of 1.73 and a quick ratio of 1.41.

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