SRT Marine Systems (LON:SRT) Reaches New 1-Year High – Here’s Why

SRT Marine Systems plc (LON:SRT)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 60 ($0.74) and last traded at GBX 59 ($0.73), with a volume of 541441 shares. The stock had previously closed at GBX 56 ($0.69).

SRT Marine Systems Price Performance

The company has a current ratio of 0.84, a quick ratio of 1.01 and a debt-to-equity ratio of 97.12. The firm’s 50-day moving average price is GBX 44.48 and its 200-day moving average price is GBX 37.09. The stock has a market capitalization of £133.58 million, a PE ratio of -1,500.00 and a beta of 1.04.

SRT Marine Systems (LON:SRT) last issued its quarterly earnings data on Monday, December 2nd. The company reported GBX (5.40) (($0.07)) earnings per share for the quarter. SRT Marine Systems had a negative return on equity of 58.19% and a negative net margin of 38.85%. On average, equities analysts forecast that SRT Marine Systems plc will post 5.060241 EPS for the current fiscal year.

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.