Seeing Machines (LON:SEE) Sets New 1-Year Low – Time to Sell?

Seeing Machines Limited (LON:SEE)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 1.94 ($0.03) and last traded at GBX 2 ($0.03), with a volume of 17902334 shares traded. The stock had previously closed at GBX 2.15 ($0.03).

Seeing Machines Trading Down 7.2 %

The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68. The company has a fifty day simple moving average of GBX 3.49 and a 200-day simple moving average of GBX 4. The company has a market capitalization of £124.08 million, a PE ratio of -3.37 and a beta of 1.15.

Insiders Place Their Bets

In related news, insider Stephane Vedie bought 1,170,000 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($60,433.88). Also, insider Michael Brown sold 159,652,752 shares of the business’s 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 ($10,308,158.06). 13.37% of the stock is 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.