Seeing Machines (LON:SEE) Stock Price Down 10.8% – What’s Next?

Seeing Machines Limited (LON:SEE) dropped 10.8% during trading on Wednesday . The company 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 mid-day 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 Up 0.6 %

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 business’s fifty day moving average price is GBX 2.80 and its 200 day moving average price is GBX 3.66. The firm has a market capitalization of £112.52 million, a PE ratio of -3.06 and a beta of 1.15.

Insiders Place Their Bets

In related news, insider Stephane Vedie purchased 1,170,000 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was acquired at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($61,256.54). 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.