Kromek Group (LON:KMK) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Kromek Group plc (LON:KMK) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 7.20 and traded as high as GBX 8.65. Kromek Group shares last traded at GBX 8.50, with a volume of 1,508,859 shares trading hands.

Kromek Group Stock Performance

The business has a fifty day simple moving average of GBX 7.20 and a 200-day simple moving average of GBX 6.20. 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 cap of £55.68 million, a P/E ratio of 14.17 and a beta of 0.94.

Insider Buying and Selling at Kromek Group

In other Kromek Group news, insider Matthew Boyle purchased 285,000 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average cost of GBX 7 per share, for a total transaction of £19,950. 8.23% of the stock is owned by corporate 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.