Seeing Machines (LON:SEE) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Seeing Machines Limited (LON:SEEGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.42 ($0.05) and traded as low as GBX 4.03 ($0.05). Seeing Machines shares last traded at GBX 4.10 ($0.05), with a volume of 3,630,264 shares trading hands.

Seeing Machines Price Performance

The stock has a market cap of £166.61 million, a price-to-earnings ratio of -400.50 and a beta of 1.15. The company has a 50 day simple moving average of GBX 3.95 and a 200-day simple moving average of GBX 4.42. The company has a quick ratio of 3.50, a current ratio of 2.72 and a debt-to-equity ratio of 100.98.

Insiders Place Their Bets

In related news, insider Michael Brown sold 159,652,752 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,827,203.74). Also, insider Stephane Vedie bought 1,170,000 shares of the business’s stock in a transaction on Monday, January 13th. The stock was bought at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($57,614.18). 13.37% of the stock is owned by corporate insiders.

Seeing Machines Company Profile

(Get Free Report)

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.

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