Kromek Group (LON:KMK) Shares Up 39.6% – Here’s Why

Kromek Group plc (LON:KMK)’s stock price was up 39.6% during trading on Thursday . The company traded as high as GBX 7.75 ($0.10) and last traded at GBX 7.40 ($0.09). Approximately 13,811,283 shares were traded during mid-day trading, an increase of 709% from the average daily volume of 1,706,777 shares. The stock had previously closed at GBX 5.30 ($0.07).

Kromek Group Trading Up 3.1 %

The firm has a market cap of £42.98 million, a price-to-earnings ratio of -670.00 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. The company has a 50 day moving average price of GBX 5.13 and a 200 day moving average price of GBX 5.82.

Kromek Group (LON:KMK) last announced its earnings results on Friday, January 31st. The company reported GBX (0.90) (($0.01)) earnings per share for the quarter. Kromek Group had a negative return on equity of 8.92% and a negative net margin of 23.25%.

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.