Kromek Group (LON:KMK) Posts Quarterly Earnings Results

Kromek Group (LON:KMK) issued its quarterly earnings results on Tuesday. The company reported GBX 0.50 earnings per share for the quarter, Digital Look Earnings reports. Kromek Group had a negative net margin of 16.97% and a negative return on equity of 6.81%.

Kromek Group Stock Down 5.5%

LON KMK opened at GBX 9.83 on Wednesday. The business has a fifty day moving average price of GBX 8.30 and a two-hundred day moving average price of GBX 6.71. The stock has a market capitalization of £64.40 million, a PE ratio of 16.38 and a beta of 0.94. Kromek Group has a fifty-two week low of GBX 4.30 and a fifty-two week high of GBX 12.50. The company has a debt-to-equity ratio of 24.90, a current ratio of 1.56 and a quick ratio of 0.82.

Insider Activity at Kromek Group

In other Kromek Group news, insider Matthew Boyle acquired 285,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was acquired at an average cost of GBX 7 per share, for a total transaction of £19,950. Company insiders own 8.23% of the company’s stock.

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.