Kromek Group (LON:KMK) Announces Earnings Results

Kromek Group (LON:KMK) posted its quarterly earnings results on Monday. The company reported GBX 0.40 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 LON:KMK traded down GBX 0.18 during trading on Tuesday, hitting GBX 6.70. 2,713,135 shares of the company’s stock were exchanged, compared to its average volume of 1,947,306. The company has a debt-to-equity ratio of 17.19, a current ratio of 2.39 and a quick ratio of 0.82. Kromek Group has a 52-week low of GBX 5.13 and a 52-week high of GBX 13. The business’s 50-day simple moving average is GBX 8.03 and its 200 day simple moving average is GBX 9.15. The company has a market cap of £43.91 million, a price-to-earnings ratio of 3.35 and a beta of 1.34.

Insider Transactions at Kromek Group

In other Kromek Group news, insider Rakesh Sharma purchased 145,454 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average cost of GBX 7 per share, with a total value of £10,181.78. Over the last 90 days, insiders purchased 418,959 shares of company stock worth $3,062,126. 8.30% of the stock is currently owned by company insiders.

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.