SRT Marine Systems (LON:SRT) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

SRT Marine Systems plc (LON:SRT)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 41.49 ($0.54) and traded as high as GBX 42.95 ($0.56). SRT Marine Systems shares last traded at GBX 42.95 ($0.56), with a volume of 37,495 shares trading hands.

SRT Marine Systems Trading Up 1.1 %

The business has a fifty day simple moving average of GBX 49.90 and a 200 day simple moving average of GBX 41.49. The stock has a market cap of £107.78 million, a price-to-earnings ratio of 1,122.56 and a beta of 1.04. The company has a debt-to-equity ratio of 86.25, a quick ratio of 1.01 and a current ratio of 0.87.

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.