Seeing Machines (LON:SEE) Hits New 1-Year Low – Should You Sell?

Seeing Machines Limited (LON:SEE)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1.94 ($0.03) and last traded at GBX 2 ($0.03), with a volume of 17902334 shares. The stock had previously closed at GBX 2.15 ($0.03).

Seeing Machines Stock Performance

The stock’s fifty day simple moving average is GBX 3.49 and its 200-day simple moving average is GBX 4. The company has a market capitalization of £124.08 million, a price-to-earnings ratio of -3.37 and a beta of 1.15. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68.

Insider Buying and Selling at Seeing Machines

In other Seeing Machines news, insider Kate Hill purchased 200,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were bought at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,913.22). Also, insider Stephane Vedie acquired 1,170,000 shares of the stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($60,433.88). 13.37% of the stock is owned by corporate 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.