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

SRT Marine Systems plc (LON:SRT) hit a new 52-week low during mid-day trading on Thursday. The company 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 debt-to-equity ratio of 64.06, a quick ratio of 1.01 and a current ratio of 1.28. The company has a market cap of £199.30 million, a price-to-earnings ratio of 73.00 and a beta of 0.46. The stock’s fifty day moving average is GBX 79.79 and its two-hundred day moving average is GBX 82.40.

Insider Buying and Selling

In related news, insider Oliver Plunkett acquired 190,456 shares of the stock in a transaction dated Monday, July 27th. The stock was purchased at an average cost of GBX 78 per share, with a total value of £148,555.68. Corporate insiders own 17.55% of the company’s stock.

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.