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

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

Seeing Machines Trading Up 2.9%

The business has a fifty day moving average price of GBX 2.07 and a 200 day moving average price of GBX 3.14. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89. The firm has a market capitalization of £155.42 million, a price-to-earnings ratio of -4.22 and a beta of 1.15.

Insider Buying and Selling at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie acquired 619,500 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average price of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,811.40). 13.37% of the stock is currently owned by corporate insiders.

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.