Seeing Machines (LON:SEE) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Seeing Machines Limited (LON:SEE) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.37 ($0.05) and traded as low as GBX 3.71 ($0.05). Seeing Machines shares last traded at GBX 3.80 ($0.05), with a volume of 2,877,957 shares trading hands.

Seeing Machines Trading Down 0.9 %

The company has a debt-to-equity ratio of 100.98, a current ratio of 2.72 and a quick ratio of 3.50. The company has a market cap of £158.08 million, a price-to-earnings ratio of -380.00 and a beta of 1.15. The business’s fifty day moving average price is GBX 4.09 and its 200 day moving average price is GBX 4.37.

Insiders Place Their Bets

In other news, insider Stephane Vedie purchased 1,170,000 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($58,057.31). Also, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction 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 ($9,902,788.24). Company insiders own 13.37% of the company’s stock.

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.