SRT Marine Systems (LON:SRT) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• SRT Marine Systems stock has surpassed its 200-day moving average, trading at GBX 84.38 ($1.14) after reaching a high of GBX 86 ($1.16).
• The company's market capitalization stands at £211.74 million, with a notable P/E ratio of 2,205.40 and a debt-to-equity ratio of 86.25.
• Insider Jean-Francois Bonnin sold 125,000 shares at an average price of GBX 65, indicating that 61.90% of the company's stock is held by insiders.

SRT Marine Systems plc (LON:SRT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 64.40 ($0.87) and traded as high as GBX 86 ($1.16). SRT Marine Systems shares last traded at GBX 84.38 ($1.14), with a volume of 118,356 shares trading hands.

SRT Marine Systems Trading Down 4.4%

The company has a market capitalization of £200.75 million, a price-to-earnings ratio of 2,090.92 and a beta of 1.04. The company has a 50-day moving average price of GBX 80.49 and a 200-day moving average price of GBX 65.01. The company has a quick ratio of 1.01, a current ratio of 0.87 and a debt-to-equity ratio of 86.25.

Insider Activity

In other news, insider Jean-Francois Bonnin sold 50,000 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of GBX 68, for a total value of £34,000. Corporate insiders own 61.90% of the company's stock.

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.