Seeing Machines (LON:SEE) Shares Down 1.6% - Here's Why

Seeing Machines Limited (LON:SEE - Get Free Report) fell 1.6% on Saturday . The company traded as low as GBX 2.16 ($0.03) and last traded at GBX 2.43 ($0.03). 10,675,202 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 13,258,073 shares. The stock had previously closed at GBX 2.47 ($0.03).

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 stock has a market capitalization of £155.42 million, a price-to-earnings ratio of -4.22 and a beta of 1.15. The company's 50-day simple moving average is GBX 2.07 and its 200 day simple moving average is GBX 3.14.

Insider Buying and Selling at Seeing Machines

In related news, insider Stephane Vedie acquired 619,500 shares of the firm's stock in a transaction on Friday, May 9th. The shares were bought at an average cost of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,811.40). Corporate insiders own 13.37% of the company's stock.

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.