Seeing Machines (LON:SEE) Shares Down 11.3% – Time to Sell?

Seeing Machines Limited (LON:SEE) fell 11.3% during trading on Wednesday . The stock traded as low as GBX 2.81 ($0.04) and last traded at GBX 3.37 ($0.04). 59,337,512 shares were traded during trading, an increase of 951% from the average session volume of 5,648,191 shares. The stock had previously closed at GBX 3.80 ($0.05).

Seeing Machines Stock Down 12.8 %

The company’s 50 day moving average price is GBX 4.16 and its two-hundred day moving average price is GBX 4.31. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68. The stock has a market cap of £205.96 million, a P/E ratio of -5.59 and a beta of 1.15.

Insider Transactions at Seeing Machines

In related news, insider Kate Hill bought 200,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,674.27). Also, insider Michael Brown sold 159,652,752 shares of the 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 value of £7,982,637.60 ($10,117,411.41). 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.