Seeing Machines (LON:SEE) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Seeing Machines Limited (LON:SEE)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4.17 ($0.05) and traded as low as GBX 2.75 ($0.04). Seeing Machines shares last traded at GBX 2.75 ($0.04), with a volume of 5,783,325 shares trading hands.

Seeing Machines Stock Performance

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 company has a market capitalization of £168.16 million, a price-to-earnings ratio of -4.57 and a beta of 1.15. The stock has a 50 day simple moving average of GBX 3.76 and a two-hundred day simple moving average of GBX 4.14.

Insider Buying and Selling at Seeing Machines

In other news, insider Stephane Vedie bought 1,170,000 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($60,692.52). 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 ($10,352,272.86). 13.37% of the stock is owned by insiders.

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.