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

Seeing Machines Limited (LON:SEE)’s stock price dropped 5.5% 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 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 Down 5.5 %

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 stock’s 50 day moving average is GBX 3.84 and its 200 day moving average is GBX 4.46. The company has a quick ratio of 3.50, a current ratio of 2.72 and a debt-to-equity ratio of 100.98.

Insider Activity

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