Seeing Machines (LON:SEE) Stock Price Down 5.5% – Here’s What Happened

Seeing Machines Limited (LON:SEE)’s stock price dropped 5.5% during trading on Tuesday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). Approximately 13,133,199 shares traded hands during trading, an increase of 55% from the average daily volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Stock Performance

The company has a quick ratio of 3.50, a current ratio of 2.72 and a debt-to-equity ratio of 100.98. The firm has a 50-day moving average price of GBX 3.84 and a 200 day moving average price of GBX 4.46. The firm has a market capitalization of £166.40 million, a PE ratio of -400.00 and a beta of 1.15.

Insider Activity at Seeing Machines

In related news, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,867,289.99). Also, insider Kate Hill purchased 200,000 shares of Seeing Machines stock in a transaction on Monday, December 30th. The stock was bought at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,360.94). 13.37% of the stock is currently owned by company insiders.

Seeing Machines Company Profile

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.