Benchmark (LON:BMK) Stock Price Passes Below 50-Day Moving Average of $37.77

Benchmark Holdings plc (LON:BMK – Get Rating) shares crossed 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 Price Performance

The business has a 50-day moving average of GBX 37.77 and a 200 day moving average of GBX 38.34. The firm has a market capitalization of £251.36 million, a P/E ratio of -850.00, a price-to-earnings-growth ratio of -19.62 and a beta of 0.73. The company has a current ratio of 2.20, a quick ratio of 1.41 and a debt-to-equity ratio of 32.98.

Insider Buying and Selling at Benchmark

In related news, insider Yngve Myhre acquired 200,000 shares of the stock in a transaction on Wednesday, March 1st. The stock was acquired at an average price of GBX 38 ($0.46) per share, for a total transaction of £76,000 ($92,626.45). 2.80% of the stock is owned by company insiders.

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.