Seeing Machines (LON:SEE) Shares Up 16.9% - Here's Why

Seeing Machines Limited (LON:SEE - Get Free Report) shares traded up 16.9% during trading on Wednesday . The company 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 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 Trading Up 16.9%

The company has a market capitalization of £167.85 million, a P/E ratio of -4.56 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50. The firm has a fifty day moving average price of GBX 2.19 and a 200-day moving average price of GBX 3.03.

Insiders Place Their Bets

In other Seeing Machines news, insider Stephane Vedie acquired 619,500 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average price of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,626.41). Company 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.

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