SRT Marine Systems (LON:SRT) Shares Cross Above 200 Day Moving Average – Here’s Why

SRT Marine Systems plc (LON:SRT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 44.31 ($0.57) and traded as high as GBX 57 ($0.74). SRT Marine Systems shares last traded at GBX 53.90 ($0.70), with a volume of 394,473 shares trading hands.

SRT Marine Systems Price Performance

The stock has a fifty day moving average price of GBX 51.36 and a 200-day moving average price of GBX 44.31. 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 has a market capitalization of £135.25 million, a PE ratio of 1,408.76 and a beta of 1.04.

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.