Seeing Machines (LON:SEE) Trading 8.5% Higher – Still a Buy?

Seeing Machines Limited (LON:SEE)’s stock price was up 8.5% during mid-day trading on Monday . The company traded as high as GBX 4.74 and last traded at GBX 4.71. Approximately 98,403,664 shares changed hands during trading, an increase of 771% from the average daily volume of 11,301,554 shares. The stock had previously closed at GBX 4.34.

Seeing Machines Trading Up 8.8%

The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68. The stock has a market capitalization of £226.54 million, a P/E ratio of -8.50 and a beta of 1.15. The firm’s 50-day simple moving average is GBX 3.22 and its 200 day simple moving average is GBX 2.87.

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.