Seeing Machines Limited (LON:SEE) Insider Paul McGlone Purchases 60,000 Shares of Stock

Seeing Machines Limited (LON:SEE – Get Rating) insider Paul McGlone acquired 60,000 shares of the business’s stock in a transaction on Friday, May 19th. The shares were bought at an average cost of GBX 6 ($0.07) per share, for a total transaction of £3,600 ($4,477.61).

Paul McGlone also recently made the following trade(s):

• On Tuesday, March 28th, Paul McGlone bought 190,000 shares of Seeing Machines stock. The stock was bought at an average cost of GBX 573 ($7.13) per share, for a total transaction of £1,088,700 ($1,354,104.48).

Seeing Machines Stock Performance

Shares of SEE opened at GBX 5.90 ($0.07) on Tuesday. The company has a quick ratio of 3.50, a current ratio of 4.52 and a debt-to-equity ratio of 48.49. The business’s fifty day simple moving average is GBX 5.80 and its 200-day simple moving average is GBX 6.43. The firm has a market capitalization of £245.44 million, a P/E ratio of -590.00 and a beta of 1.11.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 10 ($0.12) price target on shares of Seeing Machines in a research report on Wednesday, February 22nd. Peel Hunt reissued a “buy” rating and issued a GBX 12 ($0.15) price objective on shares of Seeing Machines in a report on Tuesday, May 16th.

Seeing Machines Company Profile

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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.