Benchmark (LON:BMK) Shares Pass Below Fifty Day Moving Average of $37.77

Benchmark Holdings plc (LON:BMK – Get Rating) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 37.77 ($0.46) and traded as low as GBX 34 ($0.41). Benchmark shares last traded at GBX 34 ($0.41), with a volume of 35,340 shares trading hands.

Benchmark Trading Down 6.8 %

The company has a quick ratio of 1.41, a current ratio of 2.20 and a debt-to-equity ratio of 32.98. The stock’s 50 day moving average price is GBX 37.77 and its 200-day moving average price is GBX 38.35. The stock has a market capitalization of £251.36 million, a P/E ratio of -850.00, a P/E/G ratio of -19.62 and a beta of 0.73.

Insider Activity

In other Benchmark news, insider Yngve Myhre acquired 200,000 shares of the company’s stock in a transaction dated Wednesday, March 1st. The shares were purchased at an average cost of GBX 38 ($0.46) per share, for a total transaction of £76,000 ($92,626.45). Insiders own 2.80% of the company’s stock.

About Benchmark

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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. The company operates through Genetics, Advanced Nutrition, and Health segments. The Genetics segment offers sea bass/bream, salmon, shrimp, and tilapia breeding technologies and production facilities to the harnesses industry to provide various genetic merit ova.