Kromek Group (LON:KMK) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Kromek Group plc (LON:KMKGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 6.23 ($0.08) and traded as low as GBX 5 ($0.06). Kromek Group shares last traded at GBX 5.07 ($0.06), with a volume of 1,411,063 shares changing hands.

Kromek Group Stock Performance

The firm’s 50 day moving average is GBX 5.89 and its 200-day moving average is GBX 6.23. The stock has a market capitalization of £32.53 million, a price-to-earnings ratio of -507.00 and a beta of 0.94. The company has a debt-to-equity ratio of 28.33, a quick ratio of 0.82 and a current ratio of 2.06.

About Kromek Group

(Get Free Report)

Kromek Group plc, together with its subsidiaries, develops, manufactures, and sells radiation detection components and devices for the medical imaging, civil nuclear, CBRNe security, and safety screening markets. The company's products provide high resolution information on material composition and structure that are used in various applications.

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