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

Shares of Seeing Machines Limited (LON:SEE) traded down 5.5% on Tuesday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares changed hands 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 7.0 %

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

Insider Transactions at Seeing Machines

In other news, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction 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 ($9,867,289.99). Also, insider Kate Hill acquired 200,000 shares of the company’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 ($12,360.94). 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.