Seeing Machines (LON:SEE) Stock Price Down 5.5% – Here’s Why

Seeing Machines Limited (LON:SEE) shares traded down 5.5% during trading on Tuesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Price Performance

The business’s 50 day moving average is GBX 3.84 and its two-hundred day moving average is GBX 4.46. The company has a debt-to-equity ratio of 100.98, a quick ratio of 3.50 and a current ratio of 2.72. The firm has a market capitalization of £182.62 million, a PE ratio of -439.00 and a beta of 1.15.

Insider Transactions at Seeing Machines

In other news, insider Kate Hill bought 200,000 shares of the stock in a transaction on Monday, December 30th. The shares were acquired at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,475.05). Also, insider Michael Brown sold 159,652,752 shares of the 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 ($9,958,380.24). Corporate insiders own 13.37% of the company’s stock.

About Seeing Machines

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.