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

Seeing Machines Limited (LON:SEE) shares 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 traded 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 Price Performance

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

Insiders Place Their Bets

In other Seeing Machines news, insider Michael Brown sold 159,652,752 shares of the business’s stock in a transaction dated 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 Seeing Machines stock in a transaction dated Monday, December 30th. The stock was purchased at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,360.94). 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.