Somero Enterprises (SOM) Stock Price Down 10.8%

Somero Enterprises, Inc. (LON:SOM) shares fell 10.8% on Thursday . The company traded as low as GBX 290 ($3.79) and last traded at GBX 294 ($3.84). 246,036 shares changed hands during mid-day trading, an increase of 179% from the average session volume of 88,174 shares. The stock had previously closed at GBX 329.50 ($4.31).

Separately, FinnCap reiterated a “corporate” rating on shares of Somero Enterprises in a report on Wednesday, September 5th.

In related news, insider Lawrence Horsch sold 46,000 shares of Somero Enterprises stock in a transaction on Friday, September 7th. The stock was sold at an average price of GBX 413 ($5.40), for a total value of £189,980 ($248,242.52).

TRADEMARK VIOLATION WARNING: This piece was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2018/12/06/somero-enterprises-som-stock-price-down-10-8.html.

Somero Enterprises Company Profile (LON:SOM)

Somero Enterprises, Inc, together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment. It also offers related parts and accessories, as well as provides training services. The company's proprietary products include the CopperHead, Mini Screed C, S-840 Laser Screed, S-15R Laser Screed, S-22E Laser Screed, S-22EZ Advanced Laser Screed, S-485 Laser Screed, S-940 Laser Screed, S-10A Laser Screed, and the S-158 Laser Screed machines; and STS-11M Spreader, as well as the 3-D Profiler System software, the Somero Floor Levelness System, and the SP-16 Concrete Hose Line-Pulling and Placing System.

Recommended Story: Understanding debt-to-equity ratio in fundamental analysis

Receive News & Ratings for Somero Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Somero Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply