Insider Selling: SRT Marine Systems (LON:SRT) Insider Sells 420,000 Shares of Stock

Key Points

• Insider Neil Peniket sold 420,000 shares of SRT Marine Systems stock at an average price of GBX 77, totaling £323,400.
• SRT Marine Systems' stock is currently trading at GBX 76.40 after a 0.8% decline, with a market capitalization of £191.23 million.
• The company specializes in maritime domain awareness technologies, offering various systems for traffic control and vessel tracking.

SRT Marine Systems plc (LON:SRT - ) insider Neil Peniket sold 420,000 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of GBX 77, for a total transaction of £323,400.

SRT Marine Systems Trading Down 0.8%

Shares of SRT Marine Systems stock traded down GBX 0.60 during trading hours on Monday, reaching GBX 76.40. The stock had a trading volume of 474,247 shares, compared to its average volume of 331,588. The firm has a market capitalization of £191.23 million, a price-to-earnings ratio of -2,122.22 and a beta of 1.04. The firm has a 50 day simple moving average of GBX 80.70 and a two-hundred day simple moving average of GBX 65.47. SRT Marine Systems plc has a 1 year low of GBX 23 and a 1 year high of GBX 89.75. The company has a current ratio of 0.87, a quick ratio of 1.01 and a debt-to-equity ratio of 86.25.

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.

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