SRT Marine Systems (LON:SRT) Reaches New 52-Week High - What's Next?

Key Points

• SRT Marine Systems plc shares reached a new 52-week high of GBX 92 ($1.24) during trading, with the last trade at GBX 90 ($1.21).
• Recent insider activity saw Neil Peniket selling 420,000 shares at an average price of GBX 77, amounting to a total value of £323,400.
• The company specializes in developing maritime technology systems for traffic control, vessel tracking, and surveillance, indicating its focus on enhancing maritime domain awareness.

SRT Marine Systems plc (LON:SRT - ) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 92 ($1.24) and last traded at GBX 90 ($1.21), with a volume of 270605 shares traded. The stock had previously closed at GBX 90 ($1.21).

SRT Marine Systems Price Performance

The company has a fifty day moving average of GBX 82.55 and a 200-day moving average of GBX 72.04. The company has a current ratio of 0.87, a quick ratio of 1.01 and a debt-to-equity ratio of 86.25. The stock has a market cap of £226.43 million, a PE ratio of -2,500.00 and a beta of 1.04.

Insider Transactions at SRT Marine Systems

In related news, insider Neil Peniket sold 420,000 shares of SRT Marine Systems stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of GBX 77, for a total value of £323,400. 3.03% of the stock is owned by company insiders.

SRT Marine Systems Company Profile

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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