Seeing Machines (LON:SEE) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Seeing Machines Limited (LON:SEE) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4.34 ($0.05) and traded as low as GBX 3.71 ($0.05). Seeing Machines shares last traded at GBX 3.94 ($0.05), with a volume of 3,330,451 shares trading hands.

Seeing Machines Price Performance

The firm’s fifty day moving average is GBX 4.18 and its 200 day moving average is GBX 4.33. The company has a market capitalization of £242.45 million, a P/E ratio of -6.58 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89.

Insiders Place Their Bets

In other Seeing Machines news, insider Michael Brown sold 159,652,752 shares of the company’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 ($10,044,844.09). Also, insider Stephane Vedie purchased 1,170,000 shares of Seeing Machines stock in a transaction on Monday, January 13th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £46,800 ($58,890.15). 13.37% of the stock is currently owned by company insiders.

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.