Remote Monitored Systems (LON:RMS) Trading Up 40% – Time to Buy?

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

Remote Monitored Systems Price Performance

The company has a quick ratio of 9.32, a current ratio of 9.48 and a debt-to-equity ratio of 0.54. The company has a market capitalization of £17.46 million and a P/E ratio of -4.20. The company’s fifty day moving average price is GBX 0.84 and its 200 day moving average price is GBX 0.84.

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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