Seeing Machines (LON:SEE) Stock Price Up 7.8% - Still a Buy?

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)'s share price shot up 7.8% on Monday . The stock traded as high as GBX 3.09 ($0.04) and last traded at GBX 3.07 ($0.04). 2,207,069 shares were traded during mid-day trading, a decline of 79% from the average session volume of 10,585,490 shares. The stock had previously closed at GBX 2.85 ($0.04).

Seeing Machines Trading Up 1.7%

The stock has a market cap of £186.50 million, a P/E ratio of -5.06 and a beta of 1.15. The firm's fifty day moving average price is GBX 2.83 and its two-hundred day moving average price is GBX 2.61. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50.

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.