Could SRT Marine Systems PLC Change Direction After Today’s Huge Increase?

 Could SRT Marine Systems PLC Change Direction After Today's Huge Increase?

The stock of SRT Marine Systems PLC (LON:SRT) is a huge mover today! The stock decreased 3.42% or GBX 1.35 on November 22, hitting GBX 38.15. About 170,812 shares traded hands. SRT Marine Systems PLC (LON:SRT) has risen 10.49% since April 21, 2016 and is uptrending. It has outperformed by 5.93% the S&P500.
The move comes after 8 months positive chart setup for the GBX 48.04M company. It was reported on Nov, 22 by Barchart.com. We have GBX 40.44 PT which if reached, will make LON:SRT worth GBX 2.88M more.

More notable recent SRT Marine Systems PLC (LON:SRT) news were published by: Uk.Finance.Yahoo.com which released: “SRT Marine Systems plc (SRT.L)” on March 29, 2014, also Businesswire.com with their article: “Advanced core AIS technology innovation from global leaders SRT Marine Technology” published on January 13, 2016, Businesswire.com published: “Software Radio Technology plc: US$5.0 million MDM Supply Contract” on September 08, 2015. More interesting news about SRT Marine Systems PLC (LON:SRT) were released by: Businesswire.com and their article: “SRT: World Leading Innovator in Maritime Domain Awareness Systems to Speak in …” published on October 19, 2015 as well as Businesswire.com‘s news article titled: “SRT Launches Low Cost Vessel Monitoring System for Sustainable Fishery …” with publication date: January 27, 2015.

SRT Marine Systems plc, formerly Software Radio Technology plc, is engaged in the marine technology business. The company has a market cap of 48.04 million GBP. The Company’s principal activity includes development and supply of automatic identification system 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. It currently has negative earnings. AIS is a mesh network radio communications system technology specifically designed for the marine domain, and it uses a combination of global positioning system (GPS) and high frequency radio to enable real time, simultaneous data communication between multiple, independent entities providing information, such as identity, GPS position, speed and other customized data.

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