SRT Marine Systems (LON:SRT) Hits New 12-Month Low – Should You Sell?

Shares of SRT Marine Systems plc (LON:SRT) reached a new 52-week low on Thursday. The company traded as low as GBX 72 and last traded at GBX 73, with a volume of 248,457 shares. The stock had previously closed at GBX 73.

SRT Marine Systems Price Performance

The company has a debt-to-equity ratio of 64.06, a current ratio of 1.28 and a quick ratio of 1.01. The business’s fifty day moving average price is GBX 79.59 and its 200-day moving average price is GBX 82.28. The stock has a market capitalization of £200.66 million, a price-to-earnings ratio of 73.50 and a beta of 0.46.

Insiders Place Their Bets

In other news, insider Oliver Plunkett acquired 190,456 shares of the business’s stock in a transaction on Monday, July 27th. The shares were purchased at an average cost of GBX 78 per share, with a total value of £148,555.68. Company insiders own 17.55% 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.