Remote Monitored Systems (LON:RMS) Trading 40% Higher – Time to Buy?

Remote Monitored Systems plc (LON:RMSGet Free Report)’s stock price shot up 40% on Thursday . The stock traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.84 ($0.01). 221,309,688 shares changed hands during trading, an increase of 256% from the average session volume of 62,204,449 shares. The stock had previously closed at GBX 0.60 ($0.01).

Remote Monitored Systems Trading Up 40.0 %

The stock has a market cap of £17.46 million and a PE ratio of -4.20. The firm has a 50-day moving average price of GBX 0.84 and a 200-day moving average price of GBX 0.84. The company has a debt-to-equity ratio of 0.54, a quick ratio of 9.32 and a current ratio of 9.48.

About Remote Monitored Systems

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Remote Monitored Systems plc, together with its subsidiaries, engages in the provision of developing and manufacturing digital monitoring and safeguarding systems for rotating shafts in the United Kingdom and rest of Europe. It also offers security and risk management consultancy, and related software and services.

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