Seeing Machines (LON:SEE) Stock Price Up 9.7% – Here’s Why

Seeing Machines Limited (LON:SEE) was up 9.7% on Tuesday . The company traded as high as GBX 2.35 ($0.03) and last traded at GBX 2.19 ($0.03). Approximately 3,553,692 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 6,488,304 shares. The stock had previously closed at GBX 2 ($0.03).

Seeing Machines Stock Up 9.7 %

The company has a market cap of £136.14 million, a PE ratio of -3.70 and a beta of 1.15. The business has a 50-day simple moving average of GBX 3.45 and a 200-day simple moving average of GBX 3.98. 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 Activity

In other news, insider Kate Hill acquired 200,000 shares of the business’s stock in a transaction on Monday, December 30th. The stock was bought at an average cost of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,921.57). Also, insider Stephane Vedie bought 1,170,000 shares of Seeing Machines stock in a transaction on Monday, January 13th. The shares were purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($60,472.93). 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.