SRT Marine Systems (LON:SRT) Sets New 1-Year High – Time to Buy?

Shares of SRT Marine Systems plc (LON:SRT) hit a new 52-week high on Friday . The stock traded as high as GBX 63 ($0.82) and last traded at GBX 60.58 ($0.78), with a volume of 1775441 shares changing hands. The stock had previously closed at GBX 58 ($0.75).

SRT Marine Systems Stock Performance

The company has a debt-to-equity ratio of 86.25, a quick ratio of 1.01 and a current ratio of 0.87. The firm’s 50-day moving average price is GBX 50.88 and its two-hundred day moving average price is GBX 43.24. The stock has a market cap of £152.02 million, a price-to-earnings ratio of 1,583.35 and a beta of 1.04.

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.