Seeing Machines (LON:SEE) Shares Down 5.5% – Time to Sell?

Seeing Machines Limited (LON:SEE)’s stock price was down 5.5% during trading on Tuesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). Approximately 13,133,199 shares changed hands during mid-day trading, an increase of 55% from the average daily volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Stock Performance

The company has a debt-to-equity ratio of 100.98, a quick ratio of 3.50 and a current ratio of 2.72. The company has a market cap of £182.62 million, a P/E ratio of -439.00 and a beta of 1.15. The stock’s fifty day moving average price is GBX 3.84 and its two-hundred day moving average price is GBX 4.46.

Insiders Place Their Bets

In related news, insider Kate Hill bought 200,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was purchased at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,510.95). Also, insider Michael Brown sold 159,652,752 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,987,035.66). Corporate insiders own 13.37% of the company’s stock.

Seeing Machines Company Profile

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.