SRT Marine Systems (LON:SRT) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

SRT Marine Systems plc (LON:SRT) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 83.69 and traded as low as GBX 78. SRT Marine Systems shares last traded at GBX 79.25, with a volume of 206,461 shares.

SRT Marine Systems Stock Performance

The stock has a market cap of £218.40 million, a P/E ratio of 80.00 and a beta of 0.46. The firm has a 50 day moving average of GBX 80.45 and a two-hundred day moving average of GBX 83.65. The company has a debt-to-equity ratio of 64.06, a quick ratio of 1.01 and a current ratio of 1.28.

Insider Buying and Selling at SRT Marine Systems

In other SRT Marine Systems news, insider Oliver Plunkett acquired 190,456 shares of SRT Marine Systems stock in a transaction dated Monday, July 27th. The stock was bought at an average cost of GBX 78 per share, with a total value of £148,555.68. Corporate insiders own 17.55% of the company’s stock.

About SRT Marine Systems

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.