Seeing Machines (LON:SEE) Stock Price Up 15.5% – Here’s Why

Seeing Machines Limited (LON:SEE)’s stock price rose 15.5% on Wednesday . The stock traded as high as GBX 2.74 ($0.04) and last traded at GBX 2.67 ($0.04). Approximately 14,982,858 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 12,151,842 shares. The stock had previously closed at GBX 2.31 ($0.03).

Seeing Machines Stock Down 0.4%

The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68. The company has a market cap of £158.52 million, a price-to-earnings ratio of -4.31 and a beta of 1.15. The firm’s fifty day simple moving average is GBX 2.20 and its 200 day simple moving average is GBX 3.02.

Insider Transactions at Seeing Machines

In other Seeing Machines news, insider Stephane Vedie acquired 619,500 shares of the stock in a transaction dated Friday, May 9th. The stock was acquired at an average cost of GBX 2 ($0.03) per share, with a total value of £12,390 ($16,684.62). Corporate insiders own 13.37% of the company’s stock.

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.