Seeing Machines (LON:SEE) Shares Down 1.6% - Here's What Happened

Seeing Machines Limited (LON:SEE - Get Free Report) traded down 1.6% during mid-day trading on Saturday . The stock traded as low as GBX 2.16 ($0.03) and last traded at GBX 2.43 ($0.03). 10,675,202 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 13,258,073 shares. The stock had previously closed at GBX 2.47 ($0.03).

Seeing Machines Stock Up 5.1%

The firm's 50 day moving average is GBX 2.08 and its two-hundred day moving average is GBX 3.13. The firm has a market cap of £160.39 million, a P/E ratio of -4.36 and a beta of 1.15. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68.

Insider Buying and Selling

In other news, insider Stephane Vedie acquired 619,500 shares of Seeing Machines stock in a transaction that occurred on Friday, May 9th. The shares were acquired at an average price of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,691.36). 13.37% of the stock is 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.