Seeing Machines (LON:SEE) Stock Price Down 7.6% – Should You Sell?

Shares of Seeing Machines Limited (LON:SEE) fell 7.6% during trading on Monday . The stock traded as low as GBX 1.78 ($0.02) and last traded at GBX 1.94 ($0.02). 37,310,637 shares were traded during mid-day trading, an increase of 341% from the average session volume of 8,465,090 shares. The stock had previously closed at GBX 2.10 ($0.03).

Seeing Machines Stock Performance

The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89. The stock has a market cap of £123.52 million, a PE ratio of -3.35 and a beta of 1.15. The firm’s 50-day moving average is GBX 3.06 and its 200 day moving average is GBX 3.78.

Insider Activity

In related news, insider Stephane Vedie purchased 1,170,000 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($59,572.30). Corporate insiders own 13.37% of the company’s stock.

About Seeing Machines

Seeing Machines exists to enhance safety. With the world’s most advanced human data-driven technology, Seeing Machines is dramatically reducing fatal accidents every day; and making progress to our end goal of zero fatalities.
A focus on ‘mission critical’ applications, we design, manufacture and sell state-of-the-art software, hardware and systems that are currently used, trusted and incorporated across multiple global industries, by some of the world’s most recognisable brands.