Seeing Machines (LON:SEE) Trading Down 10.8% – What’s Next?

Seeing Machines Limited (LON:SEE) shares fell 10.8% during trading on Wednesday . The stock traded as low as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). 21,653,439 shares changed hands during mid-day 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 Price Performance

The firm’s fifty day simple moving average is GBX 2.98 and its 200-day simple moving average is GBX 3.73. 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 firm has a market capitalization of £102.57 million, a PE ratio of -2.79 and a beta of 1.15.

Insider Buying and Selling at Seeing Machines

In other news, insider Stephane Vedie bought 1,170,000 shares of the stock in a transaction on Monday, January 13th. The shares were bought at an average price of GBX 4 ($0.05) per share, with a total value of £46,800 ($59,800.66). Company insiders own 13.37% of the company’s stock.

About Seeing Machines

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.