Kromek Group (LON:KMK) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Kromek Group plc (LON:KMK)’s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 8.96 and traded as low as GBX 6.40. Kromek Group shares last traded at GBX 6.50, with a volume of 1,864,876 shares trading hands.

Kromek Group Price Performance

The stock has a fifty day simple moving average of GBX 7.72 and a 200-day simple moving average of GBX 8.89. The company has a market capitalization of £42.07 million, a PE ratio of 3.21 and a beta of 1.34. The company has a current ratio of 2.39, a quick ratio of 0.82 and a debt-to-equity ratio of 17.19.

Kromek Group (LON:KMK) last released its quarterly earnings data on Monday, September 14th. The company reported GBX 0.40 EPS for the quarter. Kromek Group had a return on equity of 1.32% and a net margin of 2.70%.

Insider Buying and Selling

In related news, insider Rakesh Sharma acquired 145,454 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were bought at an average price of GBX 7 per share, with a total value of £10,181.78. Insiders have purchased 418,959 shares of company stock valued at $3,062,126 in the last 90 days. Corporate insiders own 8.30% of the company’s stock.

Kromek Group Company Profile

Our goal is a simple one, to make the world a safer and healthier place; we’re striving to support the global effort in Radiological and Biological Threat detection and management, as well enhance the quality of Advanced Imaging for the medical and industrial sectors, through our evolved, innovative and field proven products and solutions.
Kromek Group designs, develops, manufactures and markets both hardware and software of CZT solid-state Radiation Detectors and Scintillation Radiation Detector components and products to OEM, Civil Nuclear, Security Sectors and Government Bodies across the globe.