Remote Monitored Systems (LON:RMS) Trading Up 40% – Here’s Why

Remote Monitored Systems plc (LON:RMSGet Free Report) traded up 40% during trading on Tuesday . The stock traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.84 ($0.01). 221,309,688 shares changed hands during mid-day trading, an increase of 256% from the average session volume of 62,204,449 shares. The stock had previously closed at GBX 0.60 ($0.01).

Remote Monitored Systems Stock Up 40.0 %

The firm’s 50 day simple moving average is GBX 0.84 and its 200 day simple moving average is GBX 0.84. The company has a market cap of £17.46 million and a price-to-earnings ratio of -4.20. The company has a quick ratio of 9.32, a current ratio of 9.48 and a debt-to-equity ratio of 0.54.

About Remote Monitored Systems

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Remote Monitored Systems plc, together with its subsidiaries, engages in the provision of developing and manufacturing digital monitoring and safeguarding systems for rotating shafts in the United Kingdom and rest of Europe. It also offers security and risk management consultancy, and related software and services.

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