Kromek Group (LON:KMK) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Kromek Group plc (LON:KMK) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5.91 ($0.07) and traded as low as GBX 4.50 ($0.06). Kromek Group shares last traded at GBX 4.52 ($0.06), with a volume of 682,321 shares.

Kromek Group Price Performance

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 market capitalization of £29.51 million, a P/E ratio of -460.00 and a beta of 0.94. The firm’s fifty day moving average is GBX 5.24 and its 200 day moving average is GBX 5.89.

Kromek Group (LON:KMK) last released its earnings results on Monday, October 28th. The company reported GBX (0.60) (($0.01)) EPS for the quarter. Kromek Group had a negative net margin of 23.25% and a negative return on equity of 8.92%.

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.