Kromek Group (LON:KMK) Announces Earnings Results

Kromek Group (LON:KMK) posted its quarterly earnings results on Monday. The company reported GBX 0.40 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kromek Group had a return on equity of 1.32% and a net margin of 2.70%.

Kromek Group Price Performance

Shares of KMK opened at GBX 6.70 on Wednesday. The firm has a market capitalization of £43.91 million, a price-to-earnings ratio of 3.35 and a beta of 1.34. The firm’s fifty day simple moving average is GBX 8.03 and its 200-day simple moving average is GBX 9.15. Kromek Group has a twelve month low of GBX 5.50 and a twelve month high of GBX 13. The company has a current ratio of 2.39, a quick ratio of 0.82 and a debt-to-equity ratio of 17.19.

Insider Activity at Kromek Group

In other news, insider Rakesh Sharma bought 145,454 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average price of GBX 7 per share, for a total transaction of £10,181.78. Insiders have acquired a total of 418,959 shares of company stock worth $3,062,126 in the last three months. Insiders own 8.30% 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.