Seeing Machines (LON:SEE) Trading Down 10.8% – Time to Sell?

Seeing Machines Limited (LON:SEE)’s share price dropped 10.8% 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 changed hands 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 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 cap of £102.57 million, a price-to-earnings ratio of -2.79 and a beta of 1.15. The stock’s fifty day moving average price is GBX 2.88 and its 200-day moving average price is GBX 3.70.

Insider Buying and Selling at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie bought 1,170,000 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were bought at an average price 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.