Kromek Group (LON:KMK) Shares Down 9% – Here’s What Happened

Kromek Group plc (LON:KMK) fell 9% during trading on Tuesday . The company traded as low as GBX 10.15 and last traded at GBX 10.15. 4,152,757 shares traded hands during trading, a decline of 53% from the average session volume of 8,761,856 shares. The stock had previously closed at GBX 11.15.

Kromek Group Stock Down 0.8%

The company has a quick ratio of 0.82, a current ratio of 1.56 and a debt-to-equity ratio of 24.90. The firm has a market capitalization of £64.20 million, a PE ratio of 16.33 and a beta of 0.94. The business’s 50-day moving average price is GBX 7.54 and its 200-day moving average price is GBX 6.35.

Insider Transactions at Kromek Group

In related news, insider Matthew Boyle bought 285,000 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was bought at an average price of GBX 7 per share, with a total value of £19,950. 8.23% of the stock is currently owned by insiders.

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.