Seeing Machines (LON:SEE) Shares Down 5.3% – Should You Sell?

Shares of Seeing Machines Limited (LON:SEE) dropped 5.3% during mid-day trading on Tuesday . The stock traded as low as GBX 1.61 ($0.02) and last traded at GBX 1.80 ($0.02). Approximately 1,978,764 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 9,072,837 shares. The stock had previously closed at GBX 1.90 ($0.03).

Seeing Machines Trading Down 7.2 %

The company has a 50 day simple moving average of GBX 2.55 and a 200 day simple moving average of GBX 3.53. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68. The stock has a market capitalization of £109.60 million, a PE ratio of -2.98 and a beta of 1.15.

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.