Seeing Machines (LON:SEE) Shares Down 16.9% – Here’s Why

Shares of Seeing Machines Limited (LON:SEE – Get Free Report) fell 16.9% during mid-day trading on Monday. The stock traded as low as GBX 2.95 and last traded at GBX 3.12. 37,256,301 shares changed hands during mid-day trading, an increase of 233% from the average session volume of 11,203,183 shares. The stock had previously closed at GBX 3.75.

Seeing Machines Trading Down 17.4%

The firm has a 50 day simple moving average of GBX 4.08 and a 200 day simple moving average of GBX 4.12. The company has a current ratio of 0.42, a quick ratio of 3.50 and a debt-to-equity ratio of 273.86. The firm has a market capitalization of £148.79 million, a PE ratio of -4.84 and a beta of 0.63.

Seeing Machines Company Profile

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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.

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