Kromek Group (LON:KMK) Share Price Passes Below 200 Day Moving Average – What’s Next?

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 9.59 and traded as low as GBX 8.50. Kromek Group shares last traded at GBX 8.85, with a volume of 2,662,639 shares traded.

Kromek Group Trading Up 7.3%

The company has a debt-to-equity ratio of 13.73, a current ratio of 4.23 and a quick ratio of 0.82. The firm’s 50 day moving average price is GBX 10.26 and its 200 day moving average price is GBX 9.59. The stock has a market capitalization of £62.18 million, a P/E ratio of 4.75 and a beta of 1.28.

Insiders Place Their Bets

In other Kromek Group news, insider Rakesh Sharma acquired 102,669 shares of the company’s stock in a transaction on Monday, March 9th. The stock was acquired at an average price of GBX 10 per share, for a total transaction of £10,266.90. Company insiders own 8.23% 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.