Seeing Machines (LON:SEE) Shares Down 5.5% – Here’s Why

Seeing Machines Limited (LON:SEE)’s stock price fell 5.5% on Tuesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares changed hands during trading, an increase of 55% from the average session volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Price Performance

The company has a current ratio of 2.72, a quick ratio of 3.50 and a debt-to-equity ratio of 100.98. The stock has a fifty day simple moving average of GBX 3.84 and a 200-day simple moving average of GBX 4.46. The stock has a market cap of £166.40 million, a price-to-earnings ratio of -400.00 and a beta of 1.15.

Insider Transactions at Seeing Machines

In other news, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total value of £7,982,637.60 ($9,867,289.99). Also, insider Kate Hill bought 200,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,360.94). 13.37% of the stock is currently owned by corporate insiders.

About Seeing Machines

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.