Kromek Group (LON:KMK) Share Price Passes Below 200 Day Moving Average – Here’s Why

Kromek Group plc (LON:KMK) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.74 and traded as low as GBX 8.20. Kromek Group shares last traded at GBX 8.68, with a volume of 1,050,880 shares traded.

Kromek Group Trading Down 4.5%

The company has a quick ratio of 0.82, a current ratio of 4.23 and a debt-to-equity ratio of 13.73. The stock’s 50 day moving average is GBX 8.25 and its 200-day moving average is GBX 9.73. The company has a market cap of £55.05 million, a PE ratio of 4.20 and a beta of 1.34.

Insider Activity

In other Kromek Group news, insider Rakesh Sharma bought 129,413 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average cost of GBX 8 per share, for a total transaction of £10,353.04. Corporate insiders own 8.28% of the company’s stock.

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.