SRT Marine Systems (LON:SRT) Reaches New 52-Week Low – Here’s Why

SRT Marine Systems plc (LON:SRT – Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as GBX 72 and last traded at GBX 73, with a volume of 248457 shares changing hands. The stock had previously closed at GBX 73.

SRT Marine Systems Price Performance

The company has a market cap of £199.30 million, a P/E ratio of 73.00 and a beta of 0.46. The stock’s 50-day moving average price is GBX 79.79 and its 200-day moving average price is GBX 82.40. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 64.06.

Insider Buying and Selling at SRT Marine Systems

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

SRT Marine Systems Company Profile

(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.

Further Reading

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.