Seeing Machines (LON:SEE) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Seeing Machines Limited (LON:SEE)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.40 ($0.05) and traded as low as GBX 3.84 ($0.05). Seeing Machines shares last traded at GBX 4 ($0.05), with a volume of 3,716,269 shares.

Seeing Machines Stock Performance

The stock has a 50 day moving average price of GBX 4.02 and a two-hundred day moving average price of GBX 4.40. The company has a market capitalization of £166.40 million, a price-to-earnings ratio of -400.00 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 Buying and Selling at Seeing Machines

In other news, insider Stephane Vedie acquired 1,170,000 shares of the stock in a transaction on Monday, January 13th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($58,122.21). Also, insider Michael Brown sold 159,652,752 shares of the company’s stock in a transaction on 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 ($9,913,856.93). Insiders own 13.37% of the company’s stock.

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.