Seeing Machines (LON:SEE) Stock Price Down 5.5% – Here’s What Happened

Shares of Seeing Machines Limited (LON:SEE) traded down 5.5% during trading 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 traded hands during mid-day 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 Stock Performance

The firm has a market capitalization of £182.62 million, a price-to-earnings ratio of -439.00 and a beta of 1.15. The company has a debt-to-equity ratio of 100.98, a current ratio of 2.72 and a quick ratio of 3.50. The firm has a 50 day moving average price of GBX 3.84 and a 200-day moving average price of GBX 4.46.

Insider Activity at Seeing Machines

In other news, insider Kate Hill bought 200,000 shares of Seeing Machines stock in a transaction dated Monday, December 30th. The stock was acquired at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,475.05). Also, insider Michael Brown sold 159,652,752 shares of the firm’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 ($9,958,380.24). 13.37% of the stock is currently owned by corporate insiders.

Seeing Machines Company Profile

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.