Seeing Machines (LON:SEE) Trading Up 11.7% - Should You Buy?

Seeing Machines Limited (LON:SEE - Get Free Report)'s stock price rose 11.7% on Wednesday . The company traded as high as GBX 2.19 ($0.03) and last traded at GBX 2.10 ($0.03). Approximately 9,246,695 shares were traded during trading, a decline of 32% from the average daily volume of 13,614,497 shares. The stock had previously closed at GBX 1.88 ($0.02).

Seeing Machines Stock Performance

The firm has a 50-day simple moving average of GBX 2.10 and a two-hundred day simple moving average of GBX 3.24. 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 company has a market capitalization of £156.66 million, a price-to-earnings ratio of -4.25 and a beta of 1.15.

Insider Buying and Selling

In other news, insider Stephane Vedie bought 619,500 shares of the business's stock in a transaction dated Friday, May 9th. The shares were acquired at an average price of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,462.93). 13.37% of the stock is currently owned by insiders.

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.