SRT Marine Systems (LON:SRT) Trading Up 22.1% – Should You Buy?

SRT Marine Systems plc (LON:SRT) was up 22.1% during trading on Wednesday . The stock traded as high as GBX 48.50 ($0.63) and last traded at GBX 45.80 ($0.59). Approximately 626,790 shares traded hands during trading, an increase of 107% from the average daily volume of 303,055 shares. The stock had previously closed at GBX 37.50 ($0.49).

SRT Marine Systems Price Performance

The stock has a market cap of £96.84 million, a P/E ratio of -1,092.50 and a beta of 1.04. The company has a quick ratio of 1.01, a current ratio of 0.84 and a debt-to-equity ratio of 97.12. The business’s 50-day simple moving average is GBX 33.10 and its two-hundred day simple moving average is GBX 28.56.

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.