SRT Marine Systems (LON:SRT) Sets New 52-Week Low – What’s Next?

SRT Marine Systems plc (LON:SRT) shares reached a new 52-week low on Friday. The company traded as low as GBX 73 and last traded at GBX 73.33, with a volume of 95820 shares. The stock had previously closed at GBX 75.

SRT Marine Systems Stock Down 2.2%

The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 64.06. The firm has a market capitalization of £200.19 million, a PE ratio of 73.33 and a beta of 0.46. The business has a 50-day moving average price of GBX 80.15 and a 200-day moving average price of GBX 82.83.

Insiders Place Their Bets

In related news, insider Oliver Plunkett bought 190,456 shares of the company’s stock in a transaction on Monday, July 27th. The stock was bought 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.

SRT Marine Systems Company Profile

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.