Seeing Machines (LON:SEE) Trading Down 5.5% – Time to Sell?

Seeing Machines Limited (LON:SEE)’s stock price traded down 5.5% during mid-day trading on Tuesday . The company 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 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 firm’s 50-day moving average price is GBX 3.84 and its 200 day moving average price is GBX 4.46. 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 market cap of £182.62 million, a P/E ratio of -439.00 and a beta of 1.15.

Insider Activity

In related news, 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 price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,510.95). 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 ($9,987,035.66). 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.