leadf
logo-loader
LSE:RMS FRA:R22

Remote Monitored Systems PLC

Receive alerts
Market:
LSE
Market Cap:
£45.61 m
Price
2.20 GBX
Change
15.79%
52 weeks high
7.20
52 weeks low
0.11

In brief

Remote Monitored Systems PLC (“RMS”) is focused on the continued development of the company’s majority interest in GyroMetric Systems Limited, which develops and manufactures digital monitoring and safeguarding systems for rotating shafts. The company’s wholly owned Cloudveil subsidiary provides Intelligence Services, Security Risk Management and bespoke Management Information Systems. In addition the company is implementing an enhanced growth strategy via the appraisal of complementary acquisition or investment opportunities. This is in line with the company’s stated objective to achieve improved financial performance in the near term.

Snapshot

  • RMS core business is GyroMetric, which remotely monitors rotating shafts 
  • Diversified by acquiring surveillance and risk management startup Cloudveil
  • Set to buy Pharm 2 Farm and make anti-viral face masks

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Stock rotation after Pfizer’s positive vaccine news may have gone too far

The world is likely to need diagnostics and treatment for many more months, even after jabs start to be rolled out

on 11/11/20