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

Seeing Machines Limited (LON:SEE - Get Free Report) shares traded up 16.9% 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 changed hands during trading, an increase of 115% from the average session volume of 12,246,441 shares. The stock had previously closed at GBX 2.31 ($0.03).

Seeing Machines Price Performance

The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50. The stock has a market capitalization of £161.63 million, a price-to-earnings ratio of -4.39 and a beta of 1.15. The stock's 50 day simple moving average is GBX 2.22 and its 200-day simple moving average is GBX 3.01.

Insider Transactions at Seeing Machines

In related news, insider Stephane Vedie purchased 619,500 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was bought at an average price of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,662.18). 13.37% of the stock is currently owned by company 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.