Seeing Machines (LON:SEE) Stock Price Down 1.6% – Here’s What Happened

Seeing Machines Limited (LON:SEE)’s share price dropped 1.6% during mid-day trading on Saturday . The stock traded as low as GBX 2.16 ($0.03) and last traded at GBX 2.43 ($0.03). Approximately 10,675,202 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 13,258,073 shares. The stock had previously closed at GBX 2.47 ($0.03).

Seeing Machines Stock Performance

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 company’s 50 day moving average is GBX 2.07 and its 200-day moving average is GBX 3.15. The company has a market capitalization of £151.06 million, a P/E ratio of -4.10 and a beta of 1.15.

Insider Buying and Selling

In other Seeing Machines news, insider Stephane Vedie purchased 619,500 shares of the firm’s stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,765.90). 13.37% of the stock is owned by company insiders.

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.