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

Seeing Machines Limited (LON:SEE)’s share price dropped 5.5% 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 Price Performance

The company has a market cap of £182.62 million, a P/E ratio of -439.00 and a beta of 1.15. The company has a current ratio of 2.72, a quick ratio of 3.50 and a debt-to-equity ratio of 100.98. The business’s fifty day moving average is GBX 3.84 and its 200 day moving average is GBX 4.46.

Insider Activity

In other news, insider Kate Hill bought 200,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,475.05). Also, insider Michael Brown sold 159,652,752 shares of Seeing Machines stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total value 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.