Kromek Group (LON:KMK) Trading Up 39.6% – Should You Buy?

Kromek Group plc (LON:KMK) shares were up 39.6% during mid-day trading on Thursday . The stock 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 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 Price Performance

The stock’s fifty day moving average price is GBX 5.13 and its 200-day moving average price is GBX 5.82. The firm has a market cap of £42.98 million, a PE ratio of -670.00 and a beta of 0.94. The company has a debt-to-equity ratio of 28.33, a current ratio of 2.06 and a quick ratio of 0.82.

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

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.