Seeing Machines (LON:SEE) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of Seeing Machines Limited (LON:SEE) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.86 ($0.05) and traded as low as GBX 1.98 ($0.03). Seeing Machines shares last traded at GBX 2 ($0.03), with a volume of 37,533,156 shares.

Seeing Machines Price Performance

The firm has a market cap of £124.33 million, a P/E ratio of -3.38 and a beta of 1.15. The firm’s fifty day simple moving average is GBX 3.23 and its 200 day simple moving average is GBX 3.86. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89.

Insider Activity at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie purchased 1,170,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average price of GBX 4 ($0.05) per share, with a total value of £46,800 ($60,504.20). 13.37% of the stock is owned by corporate insiders.

About Seeing Machines

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.