SRT Marine Systems (SRT) Shares Up 16.3%

SRT Marine Systems PLC (LON:SRT)’s share price shot up 16.3% on Thursday . The stock traded as high as GBX 30.20 ($0.42) and last traded at GBX 29.95 ($0.42). 691,561 shares traded hands during trading, an increase of 220% from the average session volume of 216,196 shares. The stock had previously closed at GBX 25.75 ($0.36).

Separately, FinnCap restated a “corporate” rating and set a GBX 75 ($1.05) target price on shares of SRT Marine Systems in a report on Wednesday, April 11th.

SRT Marine Systems Company Profile

SRT Marine Systems plc, formerly Software Radio Technology plc, is engaged in the marine technology business. The Company’s principal activity includes development and supply of automatic identification system (AIS)-based maritime domain awareness technologies, and derivative product and system solutions for use in a range of maritime applications from safety and security to fishery management and environment protection.

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