Seeing Machines (LON:SEE) Trading Down 19.7% – Here’s What Happened

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

Seeing Machines Trading Up 4.6 %

The business’s 50-day simple moving average is GBX 4.13 and its two-hundred day simple moving average is GBX 4.30. The stock has a market capitalization of £198.31 million, a price-to-earnings ratio of -5.39 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 news, insider Stephane Vedie bought 1,170,000 shares of Seeing Machines stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($59,353.20). Also, insider Kate Hill purchased 200,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,682.31). 13.37% of the stock is owned by corporate 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.