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Seeing Machines (LON:SEE) Trading 4.6% Higher - Here's Why

Seeing Machines logo with Computer and Technology background

Key Points

  • Shares of Seeing Machines Limited (LON:SEE) experienced a 4.6% increase, reaching GBX 3.15 ($0.04) during trading, despite a decline in volume compared to the average.
  • The company has a current market cap of £185.26 million, a negative PE ratio of -5.03, and a high debt-to-equity ratio of 137.68.
  • Seeing Machines focuses on enhancing safety with advanced technology aimed at reducing fatal accidents across various global industries.
  • Want stock alerts on Seeing Machines? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

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

Seeing Machines Price Performance

The business has a 50 day moving average of GBX 2.77 and a 200 day moving average of GBX 2.63. The company has a market cap of £185.26 million, a PE ratio of -5.03 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50.

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.

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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.

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