Seeing Machines (LON:SEE) Trading Down 0.7% – What’s Next?

Shares of Seeing Machines Limited (LON:SEE) fell 0.7% on Wednesday . The stock traded as low as GBX 3.71 ($0.05) and last traded at GBX 3.80 ($0.05). 3,688,263 shares were traded during mid-day trading, a decline of 14% from the average session volume of 4,271,542 shares. The stock had previously closed at GBX 3.83 ($0.05).

Seeing Machines Stock Down 13.8 %

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 stock has a 50-day moving average price of GBX 4.16 and a 200-day moving average price of GBX 4.31. The company has a market capitalization of £203.72 million, a P/E ratio of -5.53 and a beta of 1.15.

Insiders Place Their Bets

In related news, insider Stephane Vedie bought 1,170,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($59,315.59). Also, insider Kate Hill purchased 200,000 shares of Seeing Machines stock in a transaction on Monday, December 30th. The stock was bought at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,674.27). Company insiders own 13.37% of the company’s stock.

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.