Seeing Machines (LON:SEE) Stock Price Down 19.7% – What’s Next?

Seeing Machines Limited (LON:SEE)’s share price was down 19.7% during trading on Thursday . The stock traded as low as GBX 2.81 ($0.04) and last traded at GBX 3.05 ($0.04). Approximately 42,619,793 shares changed hands during mid-day trading, an increase of 715% from the average daily volume of 5,230,249 shares. The stock had previously closed at GBX 3.80 ($0.05).

Seeing Machines Trading Up 2.3 %

The firm has a market cap of £194.02 million, a PE ratio of -5.27 and a beta of 1.15. The firm has a 50 day moving average of GBX 4.13 and a 200 day moving average of GBX 4.30. The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68.

Insiders Place Their Bets

In other Seeing Machines news, insider Stephane Vedie acquired 1,170,000 shares of the 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 ($59,353.20). Also, insider Kate Hill acquired 200,000 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,682.31). Company insiders own 13.37% of the company’s stock.

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.