Seeing Machines (LON:SEE) Shares Up 4.6% - Should You Buy?

Key Points

• Seeing Machines Limited experienced a stock price increase of 4.6% on Tuesday, trading at GBX 3.15 before settling at GBX 2.98.
• The company's market capitalization stands at £189.61 million, and it has a P/E ratio of -5.15, indicating a loss rather than profit.
• Seeing Machines focuses on enhancing safety through advanced technology used in 'mission critical' applications across multiple global industries.

Seeing Machines Limited (LON:SEE - Get Free Report) shares rose 4.6% during mid-day trading on Tuesday . The stock traded as high as GBX 3.15 ($0.04) and last traded at GBX 2.98 ($0.04). Approximately 10,155,995 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 10,635,483 shares. The stock had previously closed at GBX 2.85 ($0.04).

Seeing Machines Stock Performance

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 firm's 50 day moving average is GBX 2.83 and its 200-day moving average is GBX 2.60. The stock has a market capitalization of £186.50 million, a price-to-earnings ratio of -5.06 and a beta of 1.15.

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.