Seeing Machines (LON:SEE) Trading Up 16.9% - Time to Buy?

Seeing Machines Limited (LON:SEE - Get Free Report) rose 16.9% on Wednesday . The stock traded as high as GBX 2.74 ($0.04) and last traded at GBX 2.70 ($0.04). Approximately 26,373,404 shares traded hands during trading, an increase of 115% from the average daily volume of 12,250,036 shares. The stock had previously closed at GBX 2.31 ($0.03).

Seeing Machines Stock Up 1.6%

The company has a market capitalization of £161.63 million, a PE ratio of -4.39 and a beta of 1.15. 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 stock's 50 day moving average is GBX 2.22 and its 200 day moving average is GBX 3.02.

Insider Activity at Seeing Machines

In related news, insider Stephane Vedie bought 619,500 shares of Seeing Machines stock in a transaction on Friday, May 9th. The stock was acquired at an average price of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,662.18). 13.37% of the stock is currently owned by corporate 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.