Seeing Machines (LON:SEE) Trading 11.7% Higher - Still a Buy?

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

Seeing Machines Stock Performance

The business's 50-day simple moving average is GBX 2.10 and its two-hundred day simple moving average is GBX 3.24. The firm has a market cap of £156.66 million, a price-to-earnings ratio of -4.25 and a beta of 1.15. The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68.

Insider Transactions at Seeing Machines

In other news, insider Stephane Vedie acquired 619,500 shares of Seeing Machines stock in a transaction dated Friday, May 9th. The shares were acquired at an average cost of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,462.93). Insiders own 13.37% of the company's stock.

About Seeing Machines

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.