Kromek Group (LON:KMK) Trading Up 11.2% – Here’s What Happened

Kromek Group plc (LON:KMK) shares rose 11.2% on Friday . The stock traded as high as GBX 5.18 ($0.06) and last traded at GBX 5.17 ($0.06). Approximately 2,515,050 shares changed hands during trading, an increase of 153% from the average daily volume of 995,496 shares. The stock had previously closed at GBX 4.65 ($0.06).

Kromek Group Price Performance

The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 28.33. The stock has a market capitalization of £33.43 million, a price-to-earnings ratio of -521.10 and a beta of 0.94. The business’s 50 day simple moving average is GBX 5.21 and its 200-day simple moving average is GBX 5.88.

Kromek Group (LON:KMK) last announced its quarterly earnings data on Monday, October 28th. The company reported GBX (0.60) (($0.01)) earnings per share (EPS) for the quarter. Kromek Group had a negative net margin of 23.25% and a negative return on equity of 8.92%.

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.