Seeing Machines (LON:SEE) Trading Down 11.4% - What's Next?

Seeing Machines Limited (LON:SEE - Get Free Report)'s share price was down 11.4% during mid-day trading on Wednesday . The stock traded as low as GBX 2.29 ($0.03) and last traded at GBX 2.34 ($0.03). Approximately 24,607,770 shares changed hands during mid-day trading, an increase of 297% from the average daily volume of 6,206,242 shares. The stock had previously closed at GBX 2.64 ($0.03).

Seeing Machines Stock Down 5.7 %

The company's fifty day moving average price is GBX 3.49 and its 200-day moving average price is GBX 4.02. The stock has a market cap of £133.66 million, a P/E ratio of -3.63 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89.

Insider Activity at Seeing Machines

In related news, insider Stephane Vedie acquired 1,170,000 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was bought at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($60,426.08). Also, insider Kate Hill acquired 200,000 shares of the firm's stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,911.56). 13.37% of the stock is currently owned by company insiders.

Seeing Machines Company Profile

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.