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Seeing Machines (LON:SEE) Trading Down 19.7% - Here's Why

Seeing Machines logo with Computer and Technology background
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Seeing Machines Limited (LON:SEE - Get Free Report)'s stock price dropped 19.7% during trading on Thursday . The stock traded as low as GBX 2.81 ($0.04) and last traded at GBX 3.05 ($0.04). Approximately 42,619,793 shares changed hands during mid-day trading, an increase of 715% from the average daily volume of 5,230,249 shares. The stock had previously closed at GBX 3.80 ($0.05).

Seeing Machines Trading Down 3.1 %

The company has a market capitalization of £174.69 million, a P/E ratio of -4.74 and a beta of 1.15. 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 50 day moving average of GBX 4.06 and a 200-day moving average of GBX 4.27.

Insider Transactions at Seeing Machines

In related news, insider Michael Brown sold 159,652,752 shares of the firm's stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total value of £7,982,637.60 ($10,062,571.03). Also, insider Kate Hill purchased 200,000 shares of Seeing Machines stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,605.57). Insiders own 13.37% of the company's stock.

About Seeing Machines

(Get Free Report)

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.

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