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

Seeing Machines logo with Computer and Technology background

Seeing Machines Limited (LON:SEE - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 Up 0.7%

The firm's 50 day moving average is GBX 2.55 and its two-hundred day moving average is GBX 2.88. The firm has a market cap of £175.31 million, a P/E ratio of -4.76 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.

Insiders Place Their Bets

In related news, insider Stephane Vedie bought 619,500 shares of the company's stock in a transaction on Friday, May 9th. The shares were purchased at an average cost of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,635.34). 13.37% of the stock is owned by insiders.

About Seeing Machines

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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