Seeing Machines (LON:SEE) Trading Down 7.6% - Here's What Happened

Seeing Machines Limited (LON:SEE - Get Free Report) shares fell 7.6% during mid-day trading on Monday . The stock traded as low as GBX 1.78 ($0.02) and last traded at GBX 1.94 ($0.03). 37,310,637 shares changed hands during mid-day trading, an increase of 341% from the average session volume of 8,465,090 shares. The stock had previously closed at GBX 2.10 ($0.03).

Seeing Machines Price Performance

The stock has a market capitalization of £112.52 million, a PE ratio of -3.06 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50. The stock's fifty day moving average is GBX 2.80 and its 200-day moving average is GBX 3.66.

Insiders Place Their Bets

In other Seeing Machines news, insider Stephane Vedie acquired 1,170,000 shares of the business's stock in a transaction dated Monday, January 13th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($61,256.54). Insiders own 13.37% of the company's stock.

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.