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

Seeing Machines Limited (LON:SEE)’s stock price traded 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). 13,133,199 shares were traded during trading, an increase of 55% from the average session volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Stock Down 5.5 %

The company has a market cap of £182.62 million, a price-to-earnings ratio of -439.00 and a beta of 1.15. 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 stock’s fifty day moving average is GBX 3.84 and its two-hundred day moving average is GBX 4.46.

Insiders Place Their Bets

In other news, insider Kate Hill purchased 200,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,475.05). Also, insider Michael Brown sold 159,652,752 shares of Seeing Machines stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,958,380.24). Corporate insiders own 13.37% of the company’s stock.

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.