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

Benchmark Holdings plc (LON:BMK) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 31.86 ($0.40) and traded as low as GBX 28 ($0.35). Benchmark shares last traded at GBX 28.16 ($0.35), with a volume of 457,789 shares changing hands.

Benchmark Price Performance

The company has a debt-to-equity ratio of 36.32, a current ratio of 2.71 and a quick ratio of 1.41. The stock’s fifty day moving average is GBX 31.86 and its 200-day moving average is GBX 36.40. The stock has a market cap of £208.32 million, a PE ratio of -704.00, a price-to-earnings-growth ratio of -19.62 and a beta of 0.69.

Benchmark (LON:BMK) last announced its quarterly earnings data 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, equities analysts anticipate 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.