SRT Marine Systems (LON:SRT) Sets New 12-Month Low – Here’s What Happened

SRT Marine Systems plc (LON:SRT)’s stock price hit a new 52-week low during mid-day trading on Friday. The company traded as low as GBX 72 and last traded at GBX 72, with a volume of 128,517 shares trading hands. The stock had previously closed at GBX 74.50.

SRT Marine Systems Stock Performance

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 company has a market cap of £196.57 million, a P/E ratio of 72.00 and a beta of 0.48. The business’s 50 day simple moving average is GBX 79.30 and its 200 day simple moving average is GBX 82.03.

Insider Buying and Selling at SRT Marine Systems

In other news, insider Oliver Plunkett bought 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, for a total transaction of £148,555.68. 17.55% of the stock is currently owned by insiders.

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.