Kromek Group (LON:KMK) Stock Price Up 39.6% – Here’s What Happened

Shares of Kromek Group plc (LON:KMK) traded up 39.6% on Thursday . The stock traded as high as GBX 7.75 ($0.10) and last traded at GBX 7.40 ($0.09). 13,811,283 shares were traded during mid-day trading, an increase of 709% from the average session volume of 1,706,777 shares. The stock had previously closed at GBX 5.30 ($0.07).

Kromek Group Stock Performance

The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 28.33. The firm has a 50-day simple moving average of GBX 5.10 and a two-hundred day simple moving average of GBX 5.82. The company has a market capitalization of £47.12 million, a price-to-earnings ratio of -734.50 and a beta of 0.94.

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

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.