Kromek Group (LON:KMK) Announces Quarterly Earnings Results

Kromek Group (LON:KMK) issued its quarterly earnings data on Monday. The company reported GBX 0.40 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kromek Group had a return on equity of 1.32% and a net margin of 2.70%.

Kromek Group Stock Performance

LON:KMK traded down GBX 0.17 during mid-day trading on Friday, hitting GBX 6.24. 1,873,270 shares of the stock were exchanged, compared to its average volume of 1,948,718. The firm’s 50-day simple moving average is GBX 7.90 and its 200 day simple moving average is GBX 9.05. The stock has a market capitalization of £40.86 million, a price-to-earnings ratio of 3.12 and a beta of 1.34. Kromek Group has a fifty-two week low of GBX 5.85 and a fifty-two week high of GBX 13. The company has a debt-to-equity ratio of 17.19, a quick ratio of 0.82 and a current ratio of 2.39.

Insider Buying and Selling

In other news, insider Rakesh Sharma acquired 145,454 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of GBX 7 per share, with a total value of £10,181.78. Over the last quarter, insiders acquired 418,959 shares of company stock valued at $3,062,126. 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.