SRT Marine Systems (LON:SRT) Sets New 12-Month High – Still a Buy?

SRT Marine Systems plc (LON:SRT)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 60 ($0.75) and last traded at GBX 59 ($0.73), with a volume of 541441 shares trading hands. The stock had previously closed at GBX 56 ($0.70).

SRT Marine Systems Stock Up 5.4 %

The firm has a market capitalization of £131.35 million, a price-to-earnings ratio of -1,475.00 and a beta of 1.04. The company has a debt-to-equity ratio of 97.12, a current ratio of 0.84 and a quick ratio of 1.01. The business has a fifty day moving average price of GBX 43.77 and a two-hundred day moving average price of GBX 36.69.

SRT Marine Systems (LON:SRT) last issued its quarterly earnings results on Monday, December 2nd. The company reported GBX (5.40) (($0.07)) earnings per share for the quarter. SRT Marine Systems had a negative return on equity of 58.19% and a negative net margin of 38.85%. On average, equities analysts expect that SRT Marine Systems plc will post 5.060241 earnings per share for the current year.

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.