Seeing Machines (LON:SEE) Stock Price Down 19.7% – What’s Next?

Seeing Machines Limited (LON:SEE) shares dropped 19.7% during trading on Thursday . The company traded as low as GBX 2.81 ($0.04) and last traded at GBX 3.05 ($0.04). Approximately 42,619,793 shares changed hands during mid-day trading, an increase of 715% from the average daily volume of 5,230,249 shares. The stock had previously closed at GBX 3.80 ($0.05).

Seeing Machines Trading Up 2.3 %

The firm has a market cap of £194.02 million, a P/E ratio of -5.27 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. The stock has a 50 day moving average of GBX 4.13 and a 200 day moving average of GBX 4.30.

Insider Activity at Seeing Machines

In other news, insider Kate Hill bought 200,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was bought at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,682.31). Also, insider Michael Brown sold 159,652,752 shares of the stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($10,123,827.01). 13.37% of the stock is owned by insiders.

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.