KRM22 (LON:KRM) Announces Quarterly Earnings Results

KRM22 (LON:KRM) released its quarterly earnings results on Wednesday. The company reported GBX (0.50) earnings per share for the quarter, Digital Look Earnings reports. KRM22 had a negative return on equity of 140.94% and a negative net margin of 27.23%.

KRM22 Trading Down 1.2%

Shares of KRM stock traded down GBX 0.40 on Wednesday, reaching GBX 34.10. 5,000 shares of the stock were exchanged, compared to its average volume of 133,385. The firm has a 50 day moving average of GBX 33.93 and a two-hundred day moving average of GBX 35.21. The stock has a market cap of £20.23 million, a P/E ratio of -6.69 and a beta of -0.15. KRM22 has a 1-year low of GBX 27 and a 1-year high of GBX 48.50. The company has a quick ratio of 1.15, a current ratio of 0.96 and a debt-to-equity ratio of 4.59.

Insiders Place Their Bets

In related news, insider Garry Jones purchased 17,500 shares of KRM22 stock in a transaction dated Thursday, August 20th. The shares were acquired at an average price of GBX 28 per share, with a total value of £4,900. Also, insider Thomas Keith Todd acquired 350,000 shares of KRM22 stock in a transaction that occurred on Thursday, August 20th. The shares were purchased at an average price of GBX 28 per share, for a total transaction of £98,000. In the last 90 days, insiders purchased 392,500 shares of company stock valued at $11,215,000. Insiders own 18.80% of the company’s stock.

About KRM22

At KRM22, we believe in a world in which organisations operate at their optimal threshold of risk to drive increased returns. We develop outstanding products built and delivered through a Global Risk Platform, to bring increased visibility and lower cost management to capital market organisations.