Seeing Machines (LON:SEE) Trading Up 9.6% - Here's What Happened

Key Points

• Shares rose 9.6% intraday to a high of GBX 3.72 (last GBX 3.67) from a prior close of GBX 3.35, with about 6.71 million shares traded—roughly 38% below the average daily volume.
• The company has a market cap of £199.18 million, a negative P/E of -6.48 and a high debt-to-equity ratio of 273.86, with 50-day and 200-day simple moving averages at GBX 3.27 and GBX 4.07 respectively.
• Seeing Machines develops human data-driven safety technology—selling software, hardware and systems aimed at reducing fatal accidents across multiple global industries.

Shares of Seeing Machines Limited (LON:SEE - ) were up 9.6% during trading on Friday . The stock traded as high as GBX 3.72 and last traded at GBX 3.67. Approximately 6,709,618 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 10,866,033 shares. The stock had previously closed at GBX 3.35.

Seeing Machines Trading Up 23.9%

The firm has a market cap of £199.18 million, a P/E ratio of -6.48 and a beta of 0.52. The company has a quick ratio of 3.50, a current ratio of 0.42 and a debt-to-equity ratio of 273.86. The firm's 50-day simple moving average is GBX 3.27 and its 200 day simple moving average is GBX 4.07.

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.

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