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

Seeing Machines Limited (LON:SEE - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3 ($0.04) and traded as low as GBX 2.60 ($0.04). Seeing Machines shares last traded at GBX 2.68 ($0.04), with a volume of 35,970,008 shares changing hands.

Seeing Machines Price Performance

The stock has a market capitalization of £174.07 million, a price-to-earnings ratio of -4.73 and a beta of 1.15. The business's fifty day moving average price is GBX 2.29 and its 200-day moving average price is GBX 3. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50.

Insider Activity

In other news, insider Stephane Vedie purchased 619,500 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were acquired at an average cost of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($17,002.88). 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.