Seeing Machines (LON:SEE) Stock Price Down 5.5% – Should You Sell?

Shares of Seeing Machines Limited (LON:SEE) traded down 5.5% during trading on Wednesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares traded 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 Trading Up 4.9 %

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 stock’s fifty day moving average price is GBX 3.84 and its two-hundred day moving average price is GBX 4.45. The stock has a market capitalization of £174.51 million, a P/E ratio of -419.50 and a beta of 1.15.

Insider Activity at Seeing Machines

In related news, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,822,366.93). Also, insider Kate Hill purchased 200,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average cost of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,304.66). 13.37% of the stock is currently owned by company insiders.

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.