SRT Marine Systems (LON:SRT) Stock Price Passes Above 200 Day Moving Average – What’s Next?

SRT Marine Systems plc (LON:SRT)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 86.73 and traded as high as GBX 90. SRT Marine Systems shares last traded at GBX 88, with a volume of 358,082 shares traded.

SRT Marine Systems Stock Down 2.1%

The firm has a fifty day simple moving average of GBX 86.40 and a 200-day simple moving average of GBX 86.73. The company has a market capitalization of £237.91 million, a P/E ratio of 87.16 and a beta of 0.43. The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 64.06.

SRT Marine Systems (LON:SRT) last announced its quarterly earnings results on Monday, March 16th. The company reported GBX 1.16 earnings per share (EPS) for the quarter. SRT Marine Systems had a return on equity of 10.42% and a net margin of 2.60%. On average, equities research analysts expect that SRT Marine Systems plc will post 5.060241 EPS for the current fiscal year.

About SRT Marine Systems

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.