Shares of Seeing Machines Limited (LON:SEE - Get Free Report) shot up 16.9% during trading on Wednesday . The stock traded as high as GBX 2.74 ($0.04) and last traded at GBX 2.70 ($0.04). 26,373,404 shares were traded during trading, an increase of 115% from the average session volume of 12,250,036 shares. The stock had previously closed at GBX 2.31 ($0.03).
Seeing Machines Stock Performance
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 firm has a 50-day moving average price of GBX 2.19 and a two-hundred day moving average price of GBX 3.03. The firm has a market cap of £167.85 million, a PE ratio of -4.56 and a beta of 1.15.
Insider Activity
In other news, insider Stephane Vedie bought 619,500 shares of the stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,626.41). Corporate insiders own 13.37% of the company's stock.
Seeing Machines Company Profile
(
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.
See Also
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.
Before you consider Seeing Machines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seeing Machines wasn't on the list.
While Seeing Machines currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
