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Seeing Machines (LON:SEE) Trading 8.7% Higher - Here's What Happened

Seeing Machines logo with Computer and Technology background

Seeing Machines Limited (LON:SEE - Get Free Report) rose 8.7% during mid-day trading on Wednesday . The stock traded as high as GBX 2.58 ($0.03) and last traded at GBX 2.51 ($0.03). Approximately 6,723,074 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 12,080,637 shares. The stock had previously closed at GBX 2.31 ($0.03).

Seeing Machines Stock Up 1.6%

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 company has a market cap of £161.63 million, a price-to-earnings ratio of -4.39 and a beta of 1.15. The firm's 50 day simple moving average is GBX 2.22 and its 200-day simple moving average is GBX 3.01.

Insider Buying and Selling at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie bought 619,500 shares of Seeing Machines stock in a transaction dated Friday, May 9th. The stock was acquired at an average cost 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 insiders.

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.

Further Reading

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