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

SRT Marine Systems plc (LON:SRT) reached a new 52-week low during mid-day trading on Thursday. The company 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 Stock Down 1.6%

The company’s 50 day moving average price is GBX 78.23 and its 200 day moving average price is GBX 81.49. The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 64.06. The firm has a market capitalization of £190.77 million, a price-to-earnings ratio of 69.88 and a beta of 0.48.

Insider Transactions 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 bought at an average price of GBX 78 per share, for a total transaction of £148,555.68. 17.55% of the stock is owned by company insiders.

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.