Kromek Group (LON:KMK) Shares Up 11.2% – Here’s Why

Kromek Group plc (LON:KMK) shares traded up 11.2% on Friday . The stock traded as high as GBX 5.18 ($0.06) and last traded at GBX 5.17 ($0.06). 2,515,050 shares were traded during trading, an increase of 153% from the average session volume of 995,496 shares. The stock had previously closed at GBX 4.65 ($0.06).

Kromek Group Price Performance

The business’s 50 day simple moving average is GBX 5.14 and its two-hundred day simple moving average is GBX 5.85. The stock has a market capitalization of £30.15 million, a P/E ratio of -470.00 and a beta of 0.94. The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 28.33.

Kromek Group (LON:KMK) last issued its quarterly earnings results on Monday, October 28th. The company reported GBX (0.60) (($0.01)) EPS for the quarter. Kromek Group had a negative return on equity of 8.92% and a negative net margin of 23.25%.

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.