Seeing Machines (LON:SEE) Stock Price Down 7.3% – Here’s Why

Seeing Machines Limited (LON:SEE) fell 7.3% on Tuesday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.30 ($0.05). 15,355,262 shares traded hands during mid-day trading, an increase of 70% from the average session volume of 9,022,721 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Stock Performance

The company’s 50-day moving average price is GBX 3.84 and its two-hundred day moving average price is GBX 4.46. The company has a market cap of £182.62 million, a P/E ratio of -439.00 and a beta of 1.15. The company has a current ratio of 2.72, a quick ratio of 3.50 and a debt-to-equity ratio of 100.98.

Insiders Place Their Bets

In other news, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction dated 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 ($9,987,035.66). Also, insider Kate Hill purchased 200,000 shares of Seeing Machines stock in a transaction dated Monday, December 30th. The stock was bought at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,510.95). 13.37% of the stock is currently owned by company 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.