Seeing Machines (LON:SEE) Trading Down 10.8% – Here’s Why

by · The Cerbat Gem

Shares of Seeing Machines Limited (LON:SEE – Get Free Report) fell 10.8% during mid-day trading on Wednesday . The company traded as low as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). 21,653,439 shares were traded during 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 company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50. The firm has a market capitalization of £112.52 million, a P/E ratio of -3.06 and a beta of 1.15. The company’s 50 day moving average price is GBX 2.80 and its 200 day moving average price is GBX 3.66.

Insiders Place Their Bets

In other news, insider Stephane Vedie acquired 1,170,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average cost of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($61,256.54). Company insiders own 13.37% of the company’s stock.

Seeing Machines Company Profile

(Get Free Report)

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.

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