Seeing Machines (LON:SEE) Trading Down 5.5% – Here’s Why

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

Seeing Machines Stock Down 5.5 %

The company has a market capitalization of £182.62 million, a price-to-earnings ratio of -439.00 and a beta of 1.15. The firm’s 50 day moving average price is GBX 3.84 and its two-hundred day moving average price is GBX 4.46. The company has a current ratio of 2.72, a quick ratio of 3.50 and a debt-to-equity ratio of 100.98.

Insiders Place Their Bets

In related news, insider Kate Hill bought 200,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was purchased at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,475.05). Also, insider Michael Brown sold 159,652,752 shares of the business’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 ($9,958,380.24). Company insiders own 13.37% of the company’s stock.

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.