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

Benchmark Holdings plc (LON:BMK)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 36.88 ($0.46) and traded as low as GBX 28 ($0.35). Benchmark shares last traded at GBX 29.20 ($0.36), with a volume of 535 shares.

Benchmark Stock Down 0.8 %

The stock has a market cap of £216.02 million, a price-to-earnings ratio of -730.00, a PEG ratio of -19.62 and a beta of 0.69. The stock has a 50 day simple moving average of GBX 33.12 and a 200 day simple moving average of GBX 36.88. 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 posted its quarterly earnings results on Wednesday, January 8th. The company reported GBX (5.99) (($0.07)) earnings per share (EPS) for the quarter. Benchmark had a negative net margin of 22.54% and a negative return on equity of 10.37%. As a group, analysts expect that Benchmark Holdings plc will post 0.9566873 earnings per share for the current fiscal 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.