Kromek Group (LON:KMK) Trading Down 11% – Here’s What Happened

Shares of Kromek Group plc (LON:KMK) were down 11% during trading on Friday . The company traded as low as GBX 10.50 and last traded at GBX 10.55. Approximately 2,100,373 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 4,842,432 shares. The stock had previously closed at GBX 11.85.

Kromek Group Stock 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 stock has a market capitalization of £73.70 million, a price-to-earnings ratio of 18.75 and a beta of 0.94. The stock’s 50 day moving average is GBX 9.06 and its two-hundred day moving average is GBX 7.03.

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

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.