Kromek Group (LON:KMK) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Kromek Group plc (LON:KMK)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 5.35 ($0.07) and traded as high as GBX 6.30 ($0.08). Kromek Group shares last traded at GBX 6.29 ($0.08), with a volume of 872,334 shares.

Kromek Group Stock Performance

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 stock has a market cap of £41.17 million, a price-to-earnings ratio of -628.50 and a beta of 0.94. The company’s 50-day simple moving average is GBX 5.35 and its 200-day simple moving average is GBX 5.55.

Kromek Group (LON:KMK) last posted its quarterly earnings results on Tuesday, September 16th. The company reported GBX 0.60 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%.

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.