Kromek Group (LON:KMK) Stock Price Up 10.6% – Here’s Why

Kromek Group plc (LON:KMK) shares were up 10.6% on Wednesday . The company traded as high as GBX 11.50 and last traded at GBX 11.50. Approximately 9,433,107 shares traded hands during trading, an increase of 104% from the average daily volume of 4,627,789 shares. The stock had previously closed at GBX 10.40.

Kromek Group Price Performance

The company has a current ratio of 1.56, a quick ratio of 0.82 and a debt-to-equity ratio of 24.90. The firm has a market cap of £77.30 million, a PE ratio of 5.90 and a beta of 0.94. The stock has a 50 day simple moving average of GBX 9.55 and a 200-day simple moving average of GBX 7.26.

Kromek Group (LON:KMK) last announced its quarterly earnings data on Tuesday, January 20th. The company reported GBX 0.50 EPS for the quarter. Kromek Group had a negative return on equity of 6.81% and a negative net margin of 16.97%.

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.