Seeing Machines (LON:SEE) Shares Pass Below 200-Day Moving Average – What’s Next?

Shares of Seeing Machines Limited (LON:SEE) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.37 ($0.05) and traded as low as GBX 3.71 ($0.05). Seeing Machines shares last traded at GBX 3.80 ($0.05), with a volume of 2,877,957 shares trading hands.

Seeing Machines Stock Down 0.9 %

The firm has a market capitalization of £158.08 million, a price-to-earnings ratio of -380.00 and a beta of 1.15. The company has a debt-to-equity ratio of 100.98, a quick ratio of 3.50 and a current ratio of 2.72. The business’s 50-day moving average is GBX 4.09 and its two-hundred day moving average is GBX 4.37.

Insider Transactions at Seeing Machines

In other news, insider Stephane Vedie purchased 1,170,000 shares of Seeing Machines stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($58,057.31). Also, insider Kate Hill acquired 200,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,405.41). 13.37% of the stock is currently owned by insiders.

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.