Seeing Machines (LON:SEE) Shares Down 5.5% – Here’s Why

Seeing Machines Limited (LON:SEE) fell 5.5% during mid-day trading on Tuesday . The stock 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 mid-day 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 Stock Performance

The stock has a fifty day moving average of GBX 3.84 and a 200-day moving average of 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. The stock has a market capitalization of £182.62 million, a PE ratio of -439.00 and a beta of 1.15.

Insider Buying and Selling

In related news, insider Kate Hill purchased 200,000 shares of the stock in a transaction dated Monday, December 30th. The shares were acquired at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,510.95). Also, insider Michael Brown sold 159,652,752 shares of the business’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 value of £7,982,637.60 ($9,987,035.66). 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.