Seeing Machines (LON:SEE) Shares Pass Below 200-Day Moving Average - Here's Why

Key Points

• Seeing Machines Limited's stock price has fallen below its 200-day moving average of GBX 2.65 ($0.04), trading as low as GBX 2.60 ($0.04) during the recent session.
• The company has a market capitalization of £177.17 million and a negative price-to-earnings ratio of -4.81, indicating a challenging financial position.
• Seeing Machines focuses on human data-driven technology aimed at enhancing safety and reducing fatal accidents across various global industries.

Seeing Machines Limited (LON:SEE - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.65 ($0.04) and traded as low as GBX 2.60 ($0.03). Seeing Machines shares last traded at GBX 2.85 ($0.04), with a volume of 3,044,416 shares trading hands.

Seeing Machines Trading Down 3.2%

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 stock's 50 day moving average price is GBX 2.81 and its 200-day moving average price is GBX 2.63. The stock has a market capitalization of £186.50 million, a P/E 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.