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

Shares of Seeing Machines Limited (LON:SEE) were 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). Approximately 13,133,199 shares changed hands during trading, an increase of 55% from the average daily volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Price Performance

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

Insider Activity at Seeing Machines

In related news, insider Michael Brown sold 159,652,752 shares of the 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 ($9,987,035.66). Also, insider Kate Hill bought 200,000 shares of Seeing Machines stock in a transaction dated Monday, December 30th. The shares were acquired at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,510.95). Company insiders own 13.37% of the company’s stock.

About Seeing Machines

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.