Seeing Machines (LON:SEE) Shares Down 5.5% – What’s Next?

by · The Markets Daily

Seeing Machines Limited (LON:SEE – Get Free Report)’s share price dropped 5.5% during trading on Wednesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). Approximately 13,133,199 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Price Performance

The company has a market cap of £167.19 million, a P/E ratio of -401.90 and a beta of 1.15. The stock has a 50-day simple moving average of GBX 3.84 and a 200 day simple moving average of GBX 4.45. The company has a debt-to-equity ratio of 100.98, a quick ratio of 3.50 and a current ratio of 2.72.

Insider Activity at Seeing Machines

In related news, insider Kate Hill acquired 200,000 shares of the stock in a transaction dated Monday, December 30th. The shares were bought at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,304.66). Also, insider Michael Brown sold 159,652,752 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total value of £7,982,637.60 ($9,822,366.93). 13.37% of the stock is currently owned by corporate insiders.

About Seeing Machines

(Get Free Report)

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.

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