Seeing Machines (LON:SEE) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Seeing Machines Limited (LON:SEE) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4.17 ($0.05) and traded as low as GBX 2.75 ($0.04). Seeing Machines shares last traded at GBX 2.75 ($0.04), with a volume of 5,783,325 shares traded.

Seeing Machines Stock Performance

The firm has a 50-day moving average price of GBX 3.76 and a 200 day moving average price of GBX 4.14. The firm has a market capitalization of £168.16 million, a PE ratio of -4.57 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 related news, insider Stephane Vedie acquired 1,170,000 shares of Seeing Machines stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($60,692.52). Also, insider Michael Brown sold 159,652,752 shares of the stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total value of £7,982,637.60 ($10,352,272.86). Company 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.