Seeing Machines (LON:SEE) Stock Crosses Below 200-Day Moving Average - Should You Sell?

Shares of Seeing Machines Limited (LON:SEE - Get Free Report) passed 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 Performance

The company has a market capitalization of £151.06 million, a P/E ratio of -4.10 and a beta of 1.15. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68. The company's fifty day moving average is GBX 2.07 and its 200 day moving average is GBX 3.15.

Insiders Place Their Bets

In other news, insider Stephane Vedie purchased 619,500 shares of the stock in a transaction dated Friday, May 9th. The shares were purchased at an average cost of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,765.90). 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.