Seeing Machines (LON:SEE) Stock Price Down 19.6% – Here’s What Happened

Seeing Machines Limited (LON:SEE) shares fell 19.6% during trading on Wednesday . The company traded as low as GBX 2.81 ($0.04) and last traded at GBX 3.06 ($0.04). Approximately 79,443,016 shares were traded during mid-day trading, an increase of 1,192% from the average session volume of 6,150,829 shares. The stock had previously closed at GBX 3.80 ($0.05).

Seeing Machines Stock Performance

The firm has a 50 day moving average of GBX 4.16 and a two-hundred day moving average of GBX 4.31. The stock has a market cap of £189.61 million, a PE ratio of -5.15 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50.

Insider Buying and Selling

In other Seeing Machines news, insider Stephane Vedie purchased 1,170,000 shares of the stock in a transaction dated Monday, January 13th. The shares were bought at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($59,315.59). Also, insider Kate Hill bought 200,000 shares of the 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 ($12,674.27). 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.