SRT Marine Systems (LON:SRT) Reaches New 1-Year High – Still a Buy?

SRT Marine Systems plc (LON:SRT) hit a new 52-week high on Monday . The company traded as high as GBX 99 and last traded at GBX 96, with a volume of 612738 shares trading hands. The stock had previously closed at GBX 95.10.

SRT Marine Systems Stock Performance

The company has a market capitalization of £241.53 million, a price-to-earnings ratio of 117.07 and a beta of 1.04. The company has a current ratio of 0.87, a quick ratio of 1.01 and a debt-to-equity ratio of 86.25. The stock has a 50-day simple moving average of GBX 84.63 and a 200-day simple moving average of GBX 83.20.

SRT Marine Systems (LON:SRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported GBX 0.85 earnings per share (EPS) for the quarter. SRT Marine Systems had a net margin of 0.23% and a return on equity of 0.69%. On average, analysts anticipate that SRT Marine Systems plc will post 5.060241 earnings per share for the current year.

About SRT Marine Systems

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.