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SRT Marine Systems (LON:SRT) Reaches New 1-Year High - Time to Buy?

SRT Marine Systems logo with Computer and Technology background

SRT Marine Systems plc (LON:SRT - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 77 ($1.05) and last traded at GBX 74.96 ($1.02), with a volume of 104517 shares traded. The stock had previously closed at GBX 75.50 ($1.03).

SRT Marine Systems Stock Performance

The company has a market cap of £186.95 million, a PE ratio of 1,947.17 and a beta of 1.04. The company has a quick ratio of 1.01, a current ratio of 0.87 and a debt-to-equity ratio of 86.25. The business's fifty day moving average is GBX 67.04 and its 200-day moving average is GBX 56.06.

Insiders Place Their Bets

In other SRT Marine Systems news, insider Jean-Francois Bonnin sold 125,000 shares of the company's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of GBX 65 ($0.89), for a total value of £81,250 ($110,921.50). Company insiders own 61.90% of the company's stock.

About SRT Marine Systems

(Get Free Report)

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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