SRT Marine Systems (LON:SRT) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

SRT Marine Systems plc (LON:SRT)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 86.73 and traded as high as GBX 90. SRT Marine Systems shares last traded at GBX 88, with a volume of 358,082 shares.

SRT Marine Systems Price Performance

The firm has a market capitalization of £242.94 million, a PE ratio of 89.00 and a beta of 0.43. The business’s 50 day simple moving average is GBX 86.47 and its 200 day simple moving average is GBX 86.73. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 64.06.

SRT Marine Systems (LON:SRT) last issued its quarterly earnings data 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%. On average, equities research analysts forecast that SRT Marine Systems plc will post 5.060241 earnings per share 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.