SRT Marine Systems (LON:SRT) Shares Down 8.9% - Here's What Happened

SRT Marine Systems plc (LON:SRT - Get Free Report) was down 8.9% on Wednesday . The company traded as low as GBX 50.10 ($0.63) and last traded at GBX 50.11 ($0.63). Approximately 479,099 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 311,254 shares. The stock had previously closed at GBX 55 ($0.69).

SRT Marine Systems Stock Performance

The company has a debt-to-equity ratio of 86.25, a current ratio of 0.87 and a quick ratio of 1.01. The stock has a 50 day simple moving average of GBX 49.64 and a two-hundred day simple moving average of GBX 40.19. The company has a market cap of £117.94 million, a PE ratio of 1,228.41 and a beta of 1.04.

SRT Marine Systems (LON:SRT - Get Free Report) last issued its quarterly earnings data on Monday, December 2nd. The company reported GBX (5.40) (($0.07)) earnings per share for the quarter. SRT Marine Systems had a net margin of 0.23% and a return on equity of 0.69%. Equities analysts predict that SRT Marine Systems plc will post 5.060241 EPS 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.