Kromek Group (LON:KMK) Stock Price Up 18% – Still a Buy?

Kromek Group plc (LON:KMK) shares shot up 18% during trading on Monday . The stock traded as high as GBX 12.10 and last traded at GBX 12.10. 5,445,677 shares were traded during trading, a decline of 17% from the average session volume of 6,590,748 shares. The stock had previously closed at GBX 10.25.

Kromek Group Stock Performance

The company has a debt-to-equity ratio of 24.90, a current ratio of 1.56 and a quick ratio of 0.82. The stock has a market cap of £79.27 million, a P/E ratio of 20.17 and a beta of 0.94. The stock has a 50-day simple moving average of GBX 7.68 and a 200-day simple moving average of GBX 6.42.

Insider Transactions at Kromek Group

In other Kromek Group news, insider Matthew Boyle acquired 285,000 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were bought at an average cost of GBX 7 per share, with a total value of £19,950. Insiders own 8.23% of the company’s stock.

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.