Seeing Machines (LON:SEE) Sets New 12-Month Low – Should You Sell?

Seeing Machines Limited (LON:SEE) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2.45 ($0.03) and last traded at GBX 2.64 ($0.03), with a volume of 11470538 shares trading hands. The stock had previously closed at GBX 2.70 ($0.04).

Seeing Machines Price Performance

The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50. The stock has a market capitalization of £143.92 million, a price-to-earnings ratio of -3.91 and a beta of 1.15. The stock’s 50 day simple moving average is GBX 3.61 and its 200-day simple moving average is GBX 4.06.

Insider Transactions at Seeing Machines

In related news, insider Michael Brown sold 159,652,752 shares of the business’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.07), for a total transaction of £7,982,637.60 ($10,377,843.99). Also, insider Kate Hill bought 200,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average cost of GBX 5 ($0.07) per share, for a total transaction of £10,000 ($13,000.52). 13.37% of the stock is owned by corporate insiders.

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.