Seeing Machines (LON:SEE) Stock Passes Below Two Hundred Day Moving Average - Here's Why

Seeing Machines Limited (LON:SEE - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2.88 ($0.04) and traded as low as GBX 2.71 ($0.04). Seeing Machines shares last traded at GBX 2.80 ($0.04), with a volume of 2,423,896 shares.

Seeing Machines Stock Performance

The company has a 50 day simple moving average of GBX 2.61 and a 200 day simple moving average of GBX 2.85. 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 stock has a market capitalization of £183.39 million, a PE ratio of -4.98 and a beta of 1.15.

Insiders Place Their Bets

In related news, insider Stephane Vedie acquired 619,500 shares of the firm's stock in a transaction on Friday, May 9th. The stock was bought at an average cost of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,637.57). 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.