Seeing Machines (LON:SEE) Stock Price Down 5.5% – Time to Sell?

Seeing Machines Limited (LON:SEE)’s stock price dropped 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). Approximately 13,133,199 shares changed hands during 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 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 company has a market capitalization of £166.40 million, a P/E ratio of -400.00 and a beta of 1.15. The firm’s fifty day moving average is GBX 3.84 and its 200 day moving average is GBX 4.46.

Insider Activity

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