Benchmark (LON:BMK) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Benchmark Holdings plc (LON:BMK)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 36.70 ($0.46) and traded as low as GBX 32.63 ($0.41). Benchmark shares last traded at GBX 33.02 ($0.41), with a volume of 7,699 shares changing hands.

Benchmark Price Performance

The stock’s 50-day moving average is GBX 36.44 and its two-hundred day moving average is GBX 38.68. The company has a market capitalization of £248.57 million, a PE ratio of -840.00, a price-to-earnings-growth ratio of -19.62 and a beta of 0.69. The company has a current ratio of 2.71, a quick ratio of 1.41 and a debt-to-equity ratio of 36.32.

About Benchmark

Benchmark Holdings plc, together with its subsidiaries, engages in the provision of technical services, products, and specialist knowledge that supports the development of food and farming industries. It operates through Genetics, Advanced Nutrition, and Health segments. The Genetics segment offers sea bass and bream, salmon, and shrimp breeding technologies and production facilities to the harnesses industry to provide various genetic merit ova.