SRT Marine Systems (LON:SRT) Share Price Crosses Below 200-Day Moving Average – Here’s Why

SRT Marine Systems plc (LON:SRTGet Free Report)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 86.75 and traded as low as GBX 78. SRT Marine Systems shares last traded at GBX 81, with a volume of 165,922 shares.

SRT Marine Systems Trading Up 2.5%

The company’s fifty day moving average is GBX 84.54 and its 200-day moving average is GBX 86.75. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 64.06. The firm has a market capitalization of £221.14 million, a P/E ratio of 81.00 and a beta of 0.46.

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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