Seeing Machines (LON:SEE) Stock Price Down 5.5% – Time to Sell?

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

Seeing Machines Stock Performance

The company has a quick ratio of 3.50, a current ratio of 2.72 and a debt-to-equity ratio of 100.98. The firm has a market capitalization of £178.46 million, a P/E ratio of -429.00 and a beta of 1.15. The company’s 50 day moving average is GBX 3.84 and its 200-day moving average is GBX 4.46.

Insider Transactions at Seeing Machines

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

Seeing Machines Company Profile

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.