SRT Marine Systems (LON:SRT) Hits New 1-Year Low – Should You Sell?

Shares of SRT Marine Systems plc (LON:SRT) reached a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 70 and last traded at GBX 71, with a volume of 230,015 shares changing hands. The stock had previously closed at GBX 75.

SRT Marine Systems Stock Performance

The stock’s 50-day moving average is GBX 78.67 and its 200-day moving average is GBX 81.70. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 64.06. The stock has a market cap of £193.84 million, a price-to-earnings ratio of 71.00 and a beta of 0.48.

Insider Activity at SRT Marine Systems

In related news, insider Oliver Plunkett acquired 190,456 shares of SRT Marine Systems stock in a transaction on Monday, July 27th. The shares were purchased 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.