SRT Marine Systems (LON:SRT) Reaches New 12-Month Low – Time to Sell?

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

SRT Marine Systems Price Performance

The company has a debt-to-equity ratio of 64.06, a current ratio of 1.28 and a quick ratio of 1.01. The company has a 50-day simple moving average of GBX 78.67 and a two-hundred day simple moving average of GBX 81.70. The stock has a market capitalization of £193.84 million, a price-to-earnings ratio of 71.00 and a beta of 0.48.

Insiders Place Their Bets

In related news, insider Oliver Plunkett purchased 190,456 shares of SRT Marine Systems stock in a transaction dated Monday, July 27th. The stock was bought at an average cost of GBX 78 per share, with a total value of £148,555.68. 17.55% of the stock is 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.