Seeing Machines (LON:SEE) Shares Up 9.7% – Time to Buy?

Seeing Machines Limited (LON:SEE) shares shot up 9.7% during mid-day trading on Tuesday . The company traded as high as GBX 2.35 ($0.03) and last traded at GBX 2.19 ($0.03). 3,553,692 shares traded hands during trading, a decline of 45% from the average session volume of 6,488,304 shares. The stock had previously closed at GBX 2 ($0.03).

Seeing Machines Stock Down 3.1 %

The business’s fifty day moving average price is GBX 3.38 and its 200 day moving average price is GBX 3.94. The firm has a market capitalization of £138.01 million, a price-to-earnings ratio of -3.75 and a beta of 1.15. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68.

Insider Buying and Selling at Seeing Machines

In related news, insider Stephane Vedie acquired 1,170,000 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was bought at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($60,254.92). Also, insider Kate Hill bought 200,000 shares of the stock in a transaction on Monday, December 30th. The stock was bought at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,874.98). 13.37% of the stock is currently owned by company insiders.

Seeing Machines Company Profile

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.