Seeing Machines (LON:SEE) Trading Down 5.5% – Should You Sell?

Seeing Machines Limited (LON:SEE)’s stock price was down 5.5% during mid-day trading on Tuesday . 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 Stock Down 5.5 %

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 company has a market capitalization of £182.62 million, a PE ratio of -439.00 and a beta of 1.15. The firm’s 50-day simple moving average is GBX 3.84 and its 200 day simple moving average is GBX 4.46.

Insider Activity at Seeing Machines

In other news, insider Kate Hill acquired 200,000 shares of the company’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, with a total value of £10,000 ($12,510.95). Also, insider Michael Brown sold 159,652,752 shares of the firm’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total value of £7,982,637.60 ($9,987,035.66). Company insiders own 13.37% of the company’s stock.

About Seeing Machines

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.