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 company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). Approximately 13,133,199 shares traded hands during mid-day 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 Price Performance

The stock has a market capitalization of £182.62 million, a price-to-earnings ratio of -439.00 and a beta of 1.15. The company’s 50-day simple moving average is GBX 3.84 and its 200-day simple moving average is GBX 4.46. The company has a debt-to-equity ratio of 100.98, a current ratio of 2.72 and a quick ratio of 3.50.

Insider Buying and Selling

In other Seeing Machines news, 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 ($9,987,035.66). Also, insider Kate Hill purchased 200,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was acquired at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,510.95). 13.37% of the stock is currently 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.