Seeing Machines (LON:SEE) Stock Price Down 5.5% – Here’s Why

Seeing Machines Limited (LON:SEE) shares were down 5.5% during trading on Tuesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). Approximately 13,133,199 shares changed hands during trading, an increase of 55% from the average daily volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Stock Down 7.0 %

The business has a 50-day simple moving average of GBX 3.84 and a 200-day simple moving average of GBX 4.46. The company has a debt-to-equity ratio of 100.98, a quick ratio of 3.50 and a current ratio of 2.72. The company has a market cap of £166.40 million, a price-to-earnings ratio of -400.00 and a beta of 1.15.

Insider Buying and Selling

In other Seeing Machines news, insider Kate Hill bought 200,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,360.94). Also, insider Michael Brown sold 159,652,752 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,867,289.99). 13.37% of the stock is owned by insiders.

Seeing Machines Company Profile

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.