SRT Marine Systems (LON:SRT) Shares Up 12.3% – What’s Next?

SRT Marine Systems plc (LON:SRTGet Free Report)’s share price rose 12.3% during mid-day trading on Wednesday . The company traded as high as GBX 87.40 and last traded at GBX 86.50. Approximately 664,914 shares changed hands during trading, an increase of 132% from the average daily volume of 287,213 shares. The stock had previously closed at GBX 77.

SRT Marine Systems Stock Performance

The company has a debt-to-equity ratio of 64.06, a quick ratio of 1.01 and a current ratio of 1.28. The company has a market cap of £215.71 million, a price-to-earnings ratio of 104.56 and a beta of 0.53. The firm’s 50-day moving average price is GBX 89.73 and its 200 day moving average price is GBX 85.39.

About SRT Marine Systems

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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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