Seeing Machines (LON:SEE) Shares Up 1.9% - Time to Buy?

Key Points

• Seeing Machines Limited shares rose by 1.9% to GBX 2.70 ($0.04), signaling a recovery despite a significant drop in trading volume, down 70% from its average.
• The company's market capitalization is £133.47 million, with a P/E ratio of -430.89 and a high debt-to-equity ratio of 137.68, indicating financial challenges.
• Seeing Machines focuses on enhancing safety through advanced human data-driven technology, aiming for a future with zero fatalities in critical applications across multiple global industries.

Seeing Machines Limited (LON:SEE - Get Free Report)'s stock price shot up 1.9% on Thursday . The stock traded as high as GBX 2.80 ($0.04) and last traded at GBX 2.70 ($0.04). 2,973,141 shares were traded during mid-day trading, a decline of 70% from the average session volume of 10,075,971 shares. The stock had previously closed at GBX 2.65 ($0.04).

Seeing Machines Stock Down 1.9%

The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68. The company has a market capitalization of £124.25 million, a price-to-earnings ratio of -401.11 and a beta of 1.15. The firm's fifty day simple moving average is GBX 2.85 and its two-hundred day simple moving average is GBX 2.51.

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.