Seeing Machines (LON:SEE) Trading Down 7.6% – Should You Sell?

Seeing Machines Limited (LON:SEE) shares fell 7.6% during mid-day trading on Tuesday . The stock traded as low as GBX 1.78 ($0.02) and last traded at GBX 1.94 ($0.02). 37,310,637 shares changed hands during mid-day trading, an increase of 341% from the average session volume of 8,465,090 shares. The stock had previously closed at GBX 2.10 ($0.03).

Seeing Machines Trading Up 12.8 %

The company has a market cap of £115.69 million, a P/E ratio of -3.14 and a beta of 1.15. 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’s 50-day moving average price is GBX 2.88 and its 200-day moving average price is GBX 3.70.

Insider Transactions at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie purchased 1,170,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($59,800.66). Company insiders own 13.37% of the company’s stock.

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.