SRT Marine Systems (LON:SRT) Stock Passes Below 200 Day Moving Average – Here’s Why

SRT Marine Systems plc (LON:SRT – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 84.08 and traded as low as GBX 80. SRT Marine Systems shares last traded at GBX 80, with a volume of 241,144 shares trading hands.

SRT Marine Systems Stock Performance

The company’s 50 day moving average price is GBX 80.41 and its 200-day moving average price is GBX 84.01. The stock has a market cap of £217.81 million, a P/E ratio of 79.78 and a beta of 0.46. The company has a debt-to-equity ratio of 64.06, a quick ratio of 1.01 and a current ratio of 1.28.

Get SRT Marine Systems alerts:

Insiders Place Their Bets

In other news, insider Oliver Plunkett purchased 190,456 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were acquired at an average cost of GBX 78 per share, for a total transaction of £148,555.68. Company insiders own 17.55% of the company’s stock.

About SRT Marine Systems

(Get Free Report)

SRT Marine Systems plc, together with its subsidiaries, develops and supplies automatic identification system (AIS) based maritime domain awareness technologies, products, and systems. The company offers systems, such as DAS-Digital ATON, a system that enhance port and waterway traffic control and navigation safety; NAIS-National Vessel Tracking System, a vessel identification and tracking system solution; MDM-Coastguard, a maritime domain surveillance system; VMS-Fisheries, a system for monitoring, managing, and controlling fishing vessels; and VTS-Ports and Waterways, a monitoring, managing, and controlling system for maritime infrastructure, ports, and waterways.

See Also

• Five stocks we like better than SRT Marine Systems
• The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
• NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
• Dropping the Dough: Yum! Brands Strategically Trims the Fat
• These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern

Receive News & Ratings for SRT Marine Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SRT Marine Systems and related companies with MarketBeat.com's FREE daily email newsletter.