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

SRT Marine Systems plc (LON:SRT)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 63 ($0.82) and last traded at GBX 60.58 ($0.78), with a volume of 1775441 shares. The stock had previously closed at GBX 58 ($0.75).

SRT Marine Systems Stock Up 4.4 %

The company has a debt-to-equity ratio of 86.25, a quick ratio of 1.01 and a current ratio of 0.87. The firm has a market capitalization of £152.02 million, a P/E ratio of 1,583.35 and a beta of 1.04. The business’s fifty day moving average price is GBX 50.69 and its two-hundred day moving average price is GBX 42.90.

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.