Kromek Group (LON:KMK) Stock Jumps 8% – What’s Next?

Kromek Group plc (LON:KMK) rose 8% on Thursday. The company traded as high as GBX 6.50 and last traded at GBX 6.50. Approximately 697,596 shares changed hands during trading, a decline of 64% from the average session volume of 1,953,136 shares. The stock had previously closed at GBX 6.02.

Kromek Group Stock Performance

The company has a current ratio of 2.39, a quick ratio of 0.82 and a debt-to-equity ratio of 17.19. The firm has a market capitalization of £39.97 million, a price-to-earnings ratio of 3.05 and a beta of 1.34. The stock has a fifty day moving average price of GBX 7.51 and a 200-day moving average price of GBX 8.73.

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

Insider Activity

In other news, insider Rakesh Sharma bought 145,454 shares of Kromek Group stock in a transaction dated Tuesday, September 15th. The shares were bought at an average price of GBX 7 per share, for a total transaction of £10,181.78. Insiders acquired 418,959 shares of company stock worth $3,062,126 over the last three months. 8.30% of the stock is currently owned by company insiders.

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.