Seeing Machines (LON:SEE) Stock Price Crosses Above 200 Day Moving Average - Here's Why

Key Points

• Seeing Machines Limited's stock price recently crossed above its 200-day moving average, reaching a high of GBX 2.90 ($0.04) before settling at GBX 2.85 ($0.04).
• The company has a market cap of £170.77 million and a negative PE ratio of -4.64, indicating potential financial struggles.
• Seeing Machines focuses on enhancing safety through its advanced technology, aiming to significantly reduce fatal accidents in various industries.

Seeing Machines Limited (LON:SEE - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.71 ($0.04) and traded as high as GBX 2.90 ($0.04). Seeing Machines shares last traded at GBX 2.85 ($0.04), with a volume of 1,909,964 shares.

Seeing Machines Price Performance

The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68. The business's 50-day moving average is GBX 2.72 and its two-hundred day moving average is GBX 2.67. The company has a market capitalization of £170.96 million, a P/E ratio of -4.64 and a beta of 1.15.

Seeing Machines Company Profile

Seeing Machines exists to enhance safety. With the world's most advanced human data-driven technology, Seeing Machines is dramatically reducing fatal accidents every day; and making progress to our end goal of zero fatalities. A focus on ‘mission critical' applications, we design, manufacture and sell state-of-the-art software, hardware and systems that are currently used, trusted and incorporated across multiple global industries, by some of the world's most recognisable brands.