Seeing Machines (LON:SEE) Trading Down 10.8% – Should You Sell?

Seeing Machines Limited (LON:SEE)’s share price was down 10.8% during mid-day trading on Wednesday . The stock traded as low as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). Approximately 21,653,439 shares were traded during trading, an increase of 139% from the average daily volume of 9,052,814 shares. The stock had previously closed at GBX 1.85 ($0.02).

Seeing Machines Stock Performance

The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89. The firm has a market cap of £102.57 million, a P/E ratio of -2.79 and a beta of 1.15. The stock’s 50-day moving average is GBX 2.98 and its 200 day moving average is GBX 3.73.

Insider Activity

In other Seeing Machines news, insider Stephane Vedie acquired 1,170,000 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($59,800.66). 13.37% of the stock is 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.