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

SRT Marine Systems plc (LON:SRT) shares passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 83.18 and traded as low as GBX 78. SRT Marine Systems shares last traded at GBX 78.12, with a volume of 405,885 shares trading hands.

SRT Marine Systems Stock Down 1.1%

The stock’s 50-day moving average price is GBX 80.34 and its two-hundred day moving average price is GBX 83.18. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 64.06. The stock has a market capitalization of £213.29 million, a P/E ratio of 78.12 and a beta of 0.46.

Insider Buying and Selling

In other news, insider Oliver Plunkett acquired 190,456 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were acquired at an average price of GBX 78 per share, for a total transaction of £148,555.68. 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.