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

SRT Marine Systems plc (LON:SRT) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 53 ($0.64) and last traded at GBX 51 ($0.62), with a volume of 1276447 shares changing hands. The stock had previously closed at GBX 47.50 ($0.58).

SRT Marine Systems Stock Up 7.4 %

The business has a 50 day simple moving average of GBX 41.92 and a 200 day simple moving average of GBX 35.47. The company has a market capitalization of £113.54 million, a price-to-earnings ratio of -1,275.00 and a beta of 1.04. The company has a debt-to-equity ratio of 97.12, a current ratio of 0.84 and a quick ratio of 1.01.

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.