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

Key Points

• Seeing Machines Limited shares increased by 4.6% during mid-day trading, with recent trades at GBX 2.98 ($0.04) after closing at GBX 2.85 ($0.04).
• The company boasts a market capitalization of £189.61 million and has a notably high debt-to-equity ratio of 137.68.
• Seeing Machines focuses on enhancing safety using advanced technology to reduce fatal accidents across multiple global industries.

Seeing Machines Limited (LON:SEE - Get Free Report)'s share price traded up 4.6% on Tuesday . The stock traded as high as GBX 3.15 ($0.04) and last traded at GBX 2.98 ($0.04). 10,155,995 shares were traded 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 Stock Up 1.7%

The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68. The company has a market cap of £186.50 million, a price-to-earnings ratio of -5.06 and a beta of 1.15. The stock has a fifty day moving average price of GBX 2.83 and a two-hundred day moving average price of GBX 2.62.

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.