Seeing Machines (LON:SEE) Stock Price Up 16.9% - What's Next?

Seeing Machines Limited (LON:SEE - Get Free Report) shares shot up 16.9% on Wednesday . The stock traded as high as GBX 2.74 ($0.04) and last traded at GBX 2.70 ($0.04). 26,373,404 shares were traded during mid-day trading, an increase of 115% from the average session volume of 12,250,036 shares. The stock had previously closed at GBX 2.31 ($0.03).

Seeing Machines Price Performance

The company has a market capitalization of £161.63 million, a P/E ratio of -4.39 and a beta of 1.15. The company's 50-day moving average price is GBX 2.22 and its two-hundred day moving average price is GBX 3.02. 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 Buying and Selling

In other Seeing Machines news, insider Stephane Vedie purchased 619,500 shares of the 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, with a total value of £12,390 ($16,662.18). 13.37% of the stock is owned by 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.