KRM22 (LON:KRM) Trading 1.1% Higher – Still a Buy?

KRM22 Plc (LON:KRM) rose 1.1% during mid-day trading on Tuesday . The company traded as high as GBX 46 ($0.62) and last traded at GBX 46 ($0.62). Approximately 13,617 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 96,327 shares. The stock had previously closed at GBX 45.50 ($0.61).

KRM22 Stock Up 1.1%

The business’s 50-day moving average price is GBX 37.18 and its 200-day moving average price is GBX 30.60. The company has a quick ratio of 1.15, a current ratio of 0.42 and a debt-to-equity ratio of -422.07. The firm has a market capitalization of £17.44 million, a PE ratio of -7.24 and a beta of -0.15.

KRM22 (LON:KRM) last posted its quarterly earnings results on Monday, May 19th. The company reported GBX (3.60) (($0.05)) earnings per share (EPS) for the quarter. KRM22 had a positive return on equity of 215.08% and a negative net margin of 82.68%.

Insider Activity at KRM22

In related news, insider Alexander (Sandy) Broderick sold 22,974 shares of the firm’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of GBX 35 ($0.47), for a total transaction of £8,040.90 ($10,855.81). Also, insider Garry Jones acquired 3,154 shares of the business’s stock in a transaction that occurred on Monday, May 19th. The shares were acquired at an average cost of GBX 32 ($0.43) per share, for a total transaction of £1,009.28 ($1,362.60). 45.44% of the stock is currently owned by company insiders.

KRM22 Company Profile

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.