SRT Marine Systems (LON:SRT) Hits New 12-Month High - Should You Buy?

Key Points

• SRT Marine Systems plc reached a new 52-week high, trading at GBX 87 ($1.16), with a volume of 288,437 shares during Wednesday's trading session.
• The company has a market capitalization of £216.05 million and a significantly high price-to-earnings ratio of 2,250.35.
• Insider Jean-Francois Bonnin sold 50,000 shares at an average price of GBX 68 ($0.90), indicating notable insider activity within the company.

Shares of SRT Marine Systems plc (LON:SRT - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 87 ($1.17) and last traded at GBX 86.10 ($1.16), with a volume of 288437 shares changing hands. The stock had previously closed at GBX 85.50 ($1.15).

SRT Marine Systems Price Performance

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 company has a market cap of £220.57 million, a PE ratio of 2,297.40 and a beta of 1.04. The company's 50-day simple moving average is GBX 77.05 and its 200 day simple moving average is GBX 62.93.

Insider Buying and Selling

In other SRT Marine Systems news, insider Jean-Francois Bonnin sold 125,000 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of GBX 65 ($0.87), for a total value of £81,250 ($109,236.35). 61.90% of the stock is owned by corporate 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.