Seeing Machines (LON:SEE) Shares Down 5.5% – Here’s Why

Seeing Machines Limited (LON:SEE)’s stock price traded down 5.5% during trading on Tuesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares traded hands during trading, an increase of 55% from the average session volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Price Performance

The stock has a market capitalization of £166.40 million, a price-to-earnings ratio of -400.00 and a beta of 1.15. The business has a 50-day simple moving average of GBX 3.84 and a two-hundred day simple moving average of GBX 4.46. The company has a quick ratio of 3.50, a current ratio of 2.72 and a debt-to-equity ratio of 100.98.

Insider Activity

In other news, insider Kate Hill purchased 200,000 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was bought at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,360.94). Also, insider Michael Brown sold 159,652,752 shares of Seeing Machines stock in a transaction dated 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 ($9,867,289.99). Insiders own 13.37% of the company’s stock.

Seeing Machines Company Profile

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.