Kromek Group (LON:KMK) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Kromek Group plc (LON:KMK)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5.91 ($0.07) and traded as low as GBX 4.50 ($0.06). Kromek Group shares last traded at GBX 4.52 ($0.06), with a volume of 682,321 shares trading hands.

Kromek Group Trading Up 3.4 %

The firm has a market cap of £29.51 million, a P/E ratio of -460.00 and a beta of 0.94. The stock has a 50 day simple moving average of GBX 5.24 and a 200-day simple moving average of GBX 5.89. The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 28.33.

Kromek Group (LON:KMK) last posted 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 net margin of 23.25% and a negative return on equity of 8.92%.

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.