Kromek Group (LON:KMK) Trading Down 7.3% – Should You Sell?

Kromek Group plc (LON:KMK)’s share price dropped 7.3% during trading on Wednesday . The company traded as low as GBX 9.38 and last traded at GBX 9.64. Approximately 4,838,462 shares changed hands during trading, a decline of 12% from the average daily volume of 5,511,967 shares. The stock had previously closed at GBX 10.40.

Kromek Group Price Performance

The stock has a fifty day moving average price of GBX 8.30 and a 200-day moving average price of GBX 6.71. The firm has a market capitalization of £63.15 million, a PE ratio of 16.07 and a beta of 0.94. The company has a debt-to-equity ratio of 24.90, a quick ratio of 0.82 and a current ratio of 1.56.

Kromek Group (LON:KMK) last announced its quarterly earnings results on Tuesday, January 20th. The company reported GBX 0.50 earnings per share for the quarter. Kromek Group had a negative return on equity of 6.81% and a negative net margin of 16.97%.

Insider Activity at Kromek Group

In other news, insider Matthew Boyle bought 285,000 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was bought at an average price of GBX 7 per share, for a total transaction of £19,950. 8.23% of the stock is currently owned by corporate insiders.

About Kromek Group

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.