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

Shares of Seeing Machines Limited (LON:SEE) traded down 1.6% on Saturday . The stock traded as low as GBX 2.16 ($0.03) and last traded at GBX 2.43 ($0.03). 10,675,202 shares changed hands during trading, a decline of 19% from the average session volume of 13,258,073 shares. The stock had previously closed at GBX 2.47 ($0.03).

Seeing Machines Trading Down 1.6%

The business’s 50-day simple moving average is GBX 2.07 and its two-hundred day simple moving average is GBX 3.15. The firm has a market capitalization of £151.06 million, a price-to-earnings ratio of -4.10 and a beta of 1.15. The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68.

Insider Buying and Selling

In other news, insider Stephane Vedie acquired 619,500 shares of the company’s stock in a transaction dated Friday, May 9th. The stock was acquired at an average cost of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,765.90). 13.37% of the stock is currently owned by corporate 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.