Seeing Machines (LON:SEE) Stock Price Down 11.3% – What’s Next?

Shares of Seeing Machines Limited (LON:SEE) traded down 11.3% during mid-day trading on Wednesday . The company traded as low as GBX 2.81 ($0.04) and last traded at GBX 3.37 ($0.04). 59,337,512 shares were traded during trading, an increase of 951% from the average session volume of 5,648,191 shares. The stock had previously closed at GBX 3.80 ($0.05).

Seeing Machines Stock Performance

The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89. The stock has a market cap of £205.96 million, a PE ratio of -5.59 and a beta of 1.15. The firm has a fifty day moving average price of GBX 4.16 and a 200 day moving average price of GBX 4.31.

Insider Activity at Seeing Machines

In related news, insider Michael Brown sold 159,652,752 shares of the firm’s stock in a transaction 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 ($10,117,411.41). Also, insider Kate Hill purchased 200,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were purchased at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,674.27). 13.37% of the stock is currently owned by insiders.

About Seeing Machines

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.