Seeing Machines (LON:SEE) Shares Cross Below 200 Day Moving Average - Time to Sell?

Seeing Machines Limited (LON:SEE - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.17 ($0.04) and traded as low as GBX 2.42 ($0.03). Seeing Machines shares last traded at GBX 2.54 ($0.03), with a volume of 2,844,793 shares trading hands.

Seeing Machines Stock Down 1.6%

The stock has a market cap of £151.06 million, a PE ratio of -4.10 and a beta of 1.15. The business has a fifty day moving average of GBX 2.07 and a 200-day moving average of GBX 3.15. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50.

Insider Buying and Selling at Seeing Machines

In other news, insider Stephane Vedie purchased 619,500 shares of the company's stock in a transaction dated Friday, May 9th. The shares were acquired at an average price of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,772.71). 13.37% of the stock is currently owned by corporate 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.