Seeing Machines (LON:SEE) Trading Down 5.5% – What’s Next?

Seeing Machines Limited (LON:SEE)’s share price was down 5.5% during trading on Wednesday . 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 were traded during mid-day 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 business has a 50 day moving average of GBX 3.84 and a 200-day moving average of GBX 4.45. 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 company has a market capitalization of £174.51 million, a P/E ratio of -419.50 and a beta of 1.15.

Insider Buying and Selling

In other Seeing Machines news, insider Kate Hill acquired 200,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was bought at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,304.66). Also, insider Michael Brown sold 159,652,752 shares of the firm’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 transaction of £7,982,637.60 ($9,822,366.93). 13.37% of the stock is currently owned by insiders.

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.