SRT Marine Systems (LON:SRT) Hits New 12-Month High – Here’s Why

SRT Marine Systems plc (LON:SRT)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 57 ($0.71) and last traded at GBX 54.60 ($0.68), with a volume of 359633 shares traded. The stock had previously closed at GBX 56 ($0.70).

SRT Marine Systems Price Performance

The company has a debt-to-equity ratio of 97.12, a quick ratio of 1.01 and a current ratio of 0.84. The firm has a market cap of £122.42 million, a P/E ratio of -1,374.75 and a beta of 1.04. The company has a 50-day moving average of GBX 43.28 and a 200 day moving average of GBX 36.26.

SRT Marine Systems (LON:SRT) last released its quarterly earnings results on Monday, December 2nd. The company reported GBX (5.40) (($0.07)) earnings per share for the quarter. SRT Marine Systems had a negative net margin of 38.85% and a negative return on equity of 58.19%. On average, sell-side analysts anticipate that SRT Marine Systems plc will post 5.060241 EPS for the current year.

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.