Seeing Machines (LON:SEE) Trading Down 5.5% – What’s Next?

Seeing Machines Limited (LON:SEE) shares traded down 5.5% during mid-day 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 traded hands during mid-day 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 Price Performance

The firm has a market capitalization of £166.40 million, a P/E ratio of -400.00 and a beta of 1.15. The stock’s fifty 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 related news, insider Kate Hill bought 200,000 shares of the stock in a transaction dated Monday, December 30th. The shares were 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 Seeing Machines 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 value of £7,982,637.60 ($9,867,289.99). 13.37% of the stock is currently owned by company insiders.

About Seeing Machines

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.