Kromek Group (LON:KMK) Releases Quarterly Earnings Results

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

Kromek Group Price Performance

Shares of LON:KMK opened at GBX 6.70 on Wednesday. Kromek Group has a 52-week low of GBX 5.50 and a 52-week high of GBX 13. The firm has a market capitalization of £43.91 million, a P/E ratio of 3.35 and a beta of 1.34. The stock has a 50 day moving average price of GBX 8.03 and a 200-day moving average price of GBX 9.15. The company has a debt-to-equity ratio of 17.19, a quick ratio of 0.82 and a current ratio of 2.39.

Insider Buying and Selling at Kromek Group

In other news, insider Rakesh Sharma purchased 145,454 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average cost of GBX 7 per share, for a total transaction of £10,181.78. Insiders purchased 418,959 shares of company stock worth $3,062,126 in the last 90 days. Insiders own 8.30% of the company’s stock.

Kromek Group Company Profile

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.