SRT Marine Systems (LON:SRT) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of SRT Marine Systems plc (LON:SRT) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 86.26 and traded as low as GBX 81.13. SRT Marine Systems shares last traded at GBX 86.60, with a volume of 394,780 shares traded.

SRT Marine Systems Price Performance

The firm has a market capitalization of £217.90 million, a PE ratio of 105.61 and a beta of 0.49. The company has a debt-to-equity ratio of 64.06, a current ratio of 1.28 and a quick ratio of 1.01. The business’s 50 day moving average is GBX 87.86 and its two-hundred day moving average is GBX 86.26.

SRT Marine Systems (LON:SRT) last released its quarterly earnings results on Monday, March 16th. The company reported GBX 1.16 EPS for the quarter. SRT Marine Systems had a net margin of 2.60% and a return on equity of 10.42%. As a group, research 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.