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

Kromek Group plc (LON:KMK) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 5.84 ($0.08) and traded as high as GBX 7.80 ($0.10). Kromek Group shares last traded at GBX 7.50 ($0.10), with a volume of 5,620,134 shares changing hands.

Kromek Group Stock Up 2.2%

The company has a current ratio of 1.56, a quick ratio of 0.82 and a debt-to-equity ratio of 24.90. The company has a market capitalization of £49.12 million, a price-to-earnings ratio of 12.50 and a beta of 0.94. The firm’s 50 day simple moving average is GBX 5.84 and its 200-day simple moving average is GBX 5.71.

Kromek Group (LON:KMK) last announced its quarterly earnings data 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%.

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.