SRT Marine Systems (LON:SRT) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

SRT Marine Systems plc (LON:SRT) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 86.99 and traded as low as GBX 83. SRT Marine Systems shares last traded at GBX 88, with a volume of 84,464 shares trading hands.

SRT Marine Systems Stock Performance

The company has a debt-to-equity ratio of 56.07, a current ratio of 1.36 and a quick ratio of 1.01. The company has a market capitalization of £226.56 million, a price-to-earnings ratio of 83.00 and a beta of 0.43. The stock has a 50 day simple moving average of GBX 86.84 and a two-hundred day simple moving average of GBX 87.01.

SRT Marine Systems (LON:SRT) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX 1.16 earnings per share for the quarter. SRT Marine Systems had a return on equity of 17.70% and a net margin of 6.50%. As a group, analysts anticipate that SRT Marine Systems plc will post 5.060241 earnings per share for the current year.

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.