Kromek Group (LON:KMK) Stock Price Up 10.6% – Should You Buy?

Kromek Group plc (LON:KMK) shares rose 10.6% during trading on Wednesday . The stock traded as high as GBX 11.50 and last traded at GBX 11.50. Approximately 9,433,107 shares traded hands during mid-day trading, an increase of 104% from the average daily volume of 4,627,789 shares. The stock had previously closed at GBX 10.40.

Kromek Group Stock Performance

The business’s fifty day moving average is GBX 9.55 and its 200-day moving average is GBX 7.26. The company has a quick ratio of 0.82, a current ratio of 1.56 and a debt-to-equity ratio of 24.90. The company has a market cap of £77.30 million, a PE ratio of 5.90 and a beta of 0.94.

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

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.