Kromek Group (LON:KMK) Stock Falls 2.4% – Time to Sell?

Shares of Kromek Group plc (LON:KMK) dropped 2.4% on Monday. The stock traded as low as GBX 5.30 and last traded at GBX 5.31. 1,771,036 shares changed hands during trading, a decline of 6% from the average daily volume of 1,889,199 shares. The stock had previously closed at GBX 5.44.

Kromek Group Stock Up 0.6%

The company has a market cap of £35.62 million, a price-to-earnings ratio of 54.35 and a beta of 1.34. The firm’s 50 day simple moving average is GBX 6.18 and its 200-day simple moving average is GBX 8.74. The company has a debt-to-equity ratio of 17.19, a current ratio of 2.39 and a quick ratio of 0.82.

Kromek Group (LON:KMK) last issued its quarterly earnings data on Monday, September 14th. The company reported GBX 0.40 earnings per share for the quarter. Kromek Group had a return on equity of 1.32% and a net margin of 2.70%.

Insider Buying and Selling at Kromek Group

In other Kromek Group news, insider Rakesh Sharma acquired 145,454 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were purchased at an average price of GBX 7 per share, with a total value of £10,181.78. 8.34% of the stock is currently owned by company 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.