Seeing Machines (LON:SEE) Shares Down 10.8% – Time to Sell?

Seeing Machines Limited (LON:SEE) shares were 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 changed hands 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 Down 10.8 %

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

Insider Buying and Selling at Seeing Machines

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

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.