Seeing Machines (LON:SEE) Trading Down 5.5% – Here’s What Happened

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

Seeing Machines Price Performance

The firm has a market capitalization of £166.40 million, a P/E ratio of -400.00 and a beta of 1.15. The company has a current ratio of 2.72, a quick ratio of 3.50 and a debt-to-equity ratio of 100.98. The firm has a 50 day moving average price of GBX 3.84 and a 200-day moving average price of GBX 4.46.

Insider Buying and Selling at Seeing Machines

In other news, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction dated 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 ($9,867,289.99). Also, insider Kate Hill acquired 200,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,360.94). Company 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.