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

by · The Cerbat Gem

Seeing Machines Limited (LON:SEE – Get Free Report)’s share price was down 10.8% during mid-day trading on Wednesday . The stock traded as low as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). Approximately 21,653,439 shares were traded during mid-day trading, an increase of 139% from the average daily volume of 9,052,814 shares. The stock had previously closed at GBX 1.85 ($0.02).

Seeing Machines Stock Up 0.6 %

The firm has a market cap of £112.52 million, a price-to-earnings ratio of -3.06 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 stock’s 50 day moving average is GBX 2.80 and its 200 day moving average is GBX 3.66.

Insider Activity

In other news, insider Stephane Vedie bought 1,170,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was acquired at an average price of GBX 4 ($0.05) per share, with a total value of £46,800 ($61,256.54). 13.37% of the stock is owned by insiders.

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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