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

Shares of Kromek Group plc (LON:KMK) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 9.59 and traded as low as GBX 8.50. Kromek Group shares last traded at GBX 8.85, with a volume of 2,662,639 shares.

Kromek Group Price Performance

The company’s fifty day moving average is GBX 10.23 and its 200 day moving average is GBX 9.63. The company has a quick ratio of 0.82, a current ratio of 4.23 and a debt-to-equity ratio of 13.73. The stock has a market cap of £63.54 million, a PE ratio of 4.85 and a beta of 1.28.

Insider Buying and Selling

In other Kromek Group news, insider Rakesh Sharma purchased 102,669 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were purchased at an average price of GBX 10 per share, for a total transaction of £10,266.90. 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.