Kromek Group (LON:KMK) Share Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

Kromek Group plc (LON:KMK)’s stock price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 8.77 and traded as low as GBX 6. Kromek Group shares last traded at GBX 6.32, with a volume of 1,661,397 shares.

Kromek Group Stock Down 6.2%

The company has a debt-to-equity ratio of 17.19, a quick ratio of 0.82 and a current ratio of 2.39. The company has a market capitalization of £39.97 million, a price-to-earnings ratio of 3.05 and a beta of 1.34. The stock’s fifty day simple moving average is GBX 7.56 and its two-hundred day simple moving average is GBX 8.75.

Kromek Group (LON:KMK) last posted its quarterly earnings data on Monday, September 14th. The company reported GBX 0.40 earnings per share for the quarter. Kromek Group had a net margin of 2.70% and a return on equity of 1.32%.

Insiders Place Their Bets

In other Kromek Group news, insider Rakesh Sharma bought 145,454 shares of Kromek Group stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average cost of GBX 7 per share, for a total transaction of £10,181.78. Insiders have purchased 418,959 shares of company stock worth $3,062,126 in the last ninety days. Company 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.