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

Seeing Machines Limited (LON:SEE)’s stock price fell 5.5% during mid-day trading 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 Stock Down 7.0 %

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 stock has a market capitalization of £166.40 million, a P/E ratio of -400.00 and a beta of 1.15. The company’s 50-day moving average price is GBX 3.84 and its 200 day moving average price is GBX 4.45.

Insider Buying and Selling at Seeing Machines

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