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

Seeing Machines Limited (LON:SEE) fell 5.5% during mid-day trading on Tuesday . The company 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 mid-day 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 company has a debt-to-equity ratio of 100.98, a quick ratio of 3.50 and a current ratio of 2.72. The firm has a fifty day simple moving average of GBX 3.84 and a 200 day simple moving average of GBX 4.46. The company has a market capitalization of £166.40 million, a PE ratio of -400.00 and a beta of 1.15.

Insider Activity at Seeing Machines

In related news, insider Kate Hill acquired 200,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,360.94). Also, insider Michael Brown sold 159,652,752 shares of the business’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,867,289.99). 13.37% of the stock is currently owned by corporate insiders.

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.