Kromek Group (LON:KMK) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Kromek Group plc (LON:KMK)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 5.91 ($0.08) and traded as low as GBX 5.70 ($0.07). Kromek Group shares last traded at GBX 5.99 ($0.08), with a volume of 421,261 shares.

Kromek Group Stock Down 0.9 %

The firm has a market capitalization of £35.82 million, a price-to-earnings ratio of -10.10 and a beta of 0.94. The company has a debt-to-equity ratio of 24.90, a current ratio of 1.56 and a quick ratio of 0.82. The stock has a fifty day moving average of GBX 5.89 and a two-hundred day moving average of GBX 5.91.

Kromek Group (LON:KMK) last released its quarterly earnings results on Friday, January 31st. The company reported GBX (0.90) (($0.01)) 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.