Seeing Machines (LON:SEE) Shares Up 4.6% - Here's Why

Key Points

• Seeing Machines Limited shares increased by 4.6% during trading, closing at GBX 2.98 ($0.04) after reaching a high of GBX 3.15.
• The company's market capitalization is approximately £185.26 million with a PE ratio of -5.03 and a debt-to-equity ratio of 137.68.
• Seeing Machines focuses on enhancing safety through advanced technology used in various global industries, aiming for a goal of zero fatalities.

Seeing Machines Limited (LON:SEE - )'s share price shot up 4.6% during trading on Monday . The company traded as high as GBX 3.15 ($0.04) and last traded at GBX 2.98 ($0.04). 10,155,995 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 10,635,483 shares. The stock had previously closed at GBX 2.85 ($0.04).

Seeing Machines Stock Performance

The stock has a market capitalization of £185.26 million, a PE ratio of -5.03 and a beta of 1.15. 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 firm has a 50 day moving average price of GBX 2.77 and a 200-day moving average price of GBX 2.63.

About Seeing Machines

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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