Seeing Machines (LON:SEE) Trading Down 5.5% – Should You Sell?

Shares of Seeing Machines Limited (LON:SEE) fell 5.5% on Tuesday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares traded hands during 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 Trading Down 5.5 %

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 cap of £182.62 million, a price-to-earnings ratio of -439.00 and a beta of 1.15. The business has a fifty day simple moving average of GBX 3.84 and a 200-day simple moving average of GBX 4.46.

Insider Transactions at Seeing Machines

In other Seeing Machines news, insider Kate Hill purchased 200,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were bought at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,510.95). Also, insider Michael Brown sold 159,652,752 shares of the stock in a transaction 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 ($9,987,035.66). Company 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.