Seeing Machines (LON:SEE) Stock Price Down 27.4% – Time to Sell?

Seeing Machines Limited (LON:SEE)’s stock price dropped 27.4% during mid-day trading on Wednesday . The company traded as low as GBX 3.05 and last traded at GBX 3.05. Approximately 64,251,414 shares changed hands during trading, an increase of 361% from the average daily volume of 13,937,597 shares. The stock had previously closed at GBX 4.20.

Seeing Machines Price Performance

The company has a quick ratio of 3.50, a current ratio of 1.89 and a debt-to-equity ratio of 137.68. The company has a market cap of £149.80 million, a price-to-earnings ratio of -5.62 and a beta of 1.15. The stock’s 50-day simple moving average is GBX 4.95 and its 200 day simple moving average is GBX 3.94.

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.