Seeing Machines (LON:SEE) Shares Up 7.8% - What's Next?

Key Points

• Seeing Machines Limited saw its stock price increase by 7.8%, trading at GBX 3.07 ($0.04) after closing at GBX 2.85 ($0.04).
• Trading volume was significantly down, with only 2,207,069 shares exchanged, marking a 79% decline from the average session volume.
• The company focuses on enhancing safety through human data-driven technology and operates across various global industries.

Seeing Machines Limited (LON:SEE - Get Free Report) shares rose 7.8% during trading on Monday . The stock traded as high as GBX 3.09 ($0.04) and last traded at GBX 3.07 ($0.04). Approximately 2,207,069 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 10,585,490 shares. The stock had previously closed at GBX 2.85 ($0.04).

Seeing Machines Stock Performance

The business has a 50-day moving average of GBX 2.81 and a 200 day moving average of GBX 2.63. 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 company has a market cap of £186.50 million, a PE ratio of -5.06 and a beta of 1.15.

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.