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

Kromek Group plc (LON:KMK)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 9.50 and traded as low as GBX 7.80. Kromek Group shares last traded at GBX 7.91, with a volume of 908,052 shares trading hands.

Kromek Group Stock Performance

The company has a current ratio of 4.23, a quick ratio of 0.82 and a debt-to-equity ratio of 13.73. The stock has a market capitalization of £51.80 million, a price-to-earnings ratio of 3.95 and a beta of 1.34. The firm’s fifty day moving average price is GBX 8.24 and its 200 day moving average price is GBX 9.50.

Insider Transactions at Kromek Group

In other news, insider Rakesh Sharma bought 129,413 shares of the business’s stock in a transaction on Friday, July 31st. The shares were bought at an average price of GBX 8 per share, with a total value of £10,353.04. 8.28% of the stock is currently owned by insiders.

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.