Seeing Machines (LON:SEE) Shares Down 1.6% - Time to Sell?

Shares of Seeing Machines Limited (LON:SEE - Get Free Report) dropped 1.6% during mid-day trading on Saturday . The company traded as low as GBX 2.16 ($0.03) and last traded at GBX 2.43 ($0.03). Approximately 10,675,202 shares were traded during trading, a decline of 19% from the average daily volume of 13,258,073 shares. The stock had previously closed at GBX 2.47 ($0.03).

Seeing Machines Price Performance

The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89. The business has a 50 day simple moving average of GBX 2.07 and a 200-day simple moving average of GBX 3.14. The firm has a market cap of £152.62 million, a price-to-earnings ratio of -4.14 and a beta of 1.15.

Insider Activity at Seeing Machines

In other news, insider Stephane Vedie purchased 619,500 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average cost of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,691.36). 13.37% of the stock is owned by insiders.

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.