KRM22 (LON:KRM) Shares Down 3.9% – Here’s Why

KRM22 Plc (LON:KRM)’s stock price fell 3.9% during mid-day trading on Wednesday . The company traded as low as GBX 37 and last traded at GBX 37. Approximately 5,000 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 153,980 shares. The stock had previously closed at GBX 38.50.

KRM22 Price Performance

The company’s 50-day simple moving average is GBX 38.36 and its 200 day simple moving average is GBX 36.46. The company has a quick ratio of 1.15, a current ratio of 0.96 and a debt-to-equity ratio of 4.59. The stock has a market capitalization of £21.95 million, a price-to-earnings ratio of -7.25 and a beta of -0.15.

KRM22 (LON:KRM) last announced its quarterly earnings results on Wednesday, May 13th. The company reported GBX (5.10) earnings per share for the quarter. The company had revenue of GBX 744 million during the quarter. KRM22 had a negative return on equity of 140.94% and a negative net margin of 27.23%.

Insider Buying and Selling

In related news, insider Thomas Keith Todd bought 4,115,705 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was purchased at an average price of GBX 30 per share, with a total value of £1,234,711.50. Also, insider Garry Jones purchased 32,572 shares of the stock in a transaction on Monday, May 18th. The shares were bought at an average price of GBX 31 per share, for a total transaction of £10,097.32. Insiders purchased a total of 4,164,943 shares of company stock worth $124,980,862 over the last three months. 17.71% of the stock is owned by company insiders.

About KRM22

At KRM22, we believe in a world in which organisations operate at their optimal threshold of risk to drive increased returns. We develop outstanding products built and delivered through a Global Risk Platform, to bring increased visibility and lower cost management to capital market organisations.