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

Seeing Machines Limited (LON:SEE) traded down 5.5% during mid-day trading on Tuesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares were traded 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 Stock Performance

The stock’s 50-day moving average is GBX 3.84 and its 200 day moving average is GBX 4.46. The stock has a market cap of £182.62 million, a price-to-earnings ratio of -439.00 and a beta of 1.15. The company has a debt-to-equity ratio of 100.98, a current ratio of 2.72 and a quick ratio of 3.50.

Insider Activity at Seeing Machines

In related news, insider Kate Hill bought 200,000 shares of Seeing Machines stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,475.05). Also, insider Michael Brown sold 159,652,752 shares of Seeing Machines stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total value of £7,982,637.60 ($9,958,380.24). 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.