Seeing Machines (LON:SEE) Stock Price Up 10.5% – Should You Buy?

Seeing Machines Limited (LON:SEE)’s share price was up 10.5% during mid-day trading on Tuesday . The company traded as high as GBX 2.66 ($0.04) and last traded at GBX 2.52 ($0.03). Approximately 34,035,184 shares traded hands during mid-day trading, an increase of 144% from the average daily volume of 13,955,257 shares. The stock had previously closed at GBX 2.28 ($0.03).

Seeing Machines Stock Down 3.0%

The stock has a market capitalization of £156.16 million, a P/E ratio of -4.24 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a current ratio of 1.89 and a quick ratio of 3.50. The stock has a fifty day moving average price of GBX 2.09 and a 200 day moving average price of GBX 3.22.

Insider Activity at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie purchased 619,500 shares of the business’s stock in a transaction on Friday, May 9th. The stock was acquired at an average cost of GBX 2 ($0.03) per share, for a total transaction of £12,390 ($16,436.72). 13.37% of the stock is currently owned by 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.