SRT Marine Systems (LON:SRT) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

SRT Marine Systems plc (LON:SRT)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 84.46 and traded as high as GBX 85. SRT Marine Systems shares last traded at GBX 83.85, with a volume of 102,605 shares changing hands.

SRT Marine Systems Price Performance

The company has a market cap of £228.92 million, a P/E ratio of 83.85 and a beta of 0.46. The stock has a 50-day simple moving average of GBX 80.01 and a 200 day simple moving average of GBX 84.46. The company has a debt-to-equity ratio of 64.06, a quick ratio of 1.01 and a current ratio of 1.28.

Insider Activity at SRT Marine Systems

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