Seeing Machines (LON:SEE) Trading Down 10.8% – Here’s Why

Seeing Machines Limited (LON:SEE) fell 10.8% during trading on Wednesday . The company traded as low as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). 21,653,439 shares traded hands during trading, an increase of 139% from the average session volume of 9,052,814 shares. The stock had previously closed at GBX 1.85 ($0.02).

Seeing Machines Stock Performance

The firm’s fifty day moving average price is GBX 2.98 and its 200 day moving average price is GBX 3.73. The firm has a market cap of £102.57 million, a P/E ratio of -2.79 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89.

Insiders Place Their Bets

In related news, insider Stephane Vedie purchased 1,170,000 shares of Seeing Machines stock in a transaction dated Monday, January 13th. The stock was purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($59,800.66). 13.37% of the stock is owned by company insiders.

Seeing Machines Company Profile

Seeing Machines exists to enhance safety. With the world’s most advanced human data-driven technology, Seeing Machines is dramatically reducing fatal accidents every day; and making progress to our end goal of zero fatalities.
A focus on ‘mission critical’ applications, we design, manufacture and sell state-of-the-art software, hardware and systems that are currently used, trusted and incorporated across multiple global industries, by some of the world’s most recognisable brands.