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

Seeing Machines Limited (LON:SEE)’s share 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 Stock 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 firm has a market capitalization of £174.23 million, a P/E ratio of -6.54 and a beta of 1.15. The company’s 50 day moving average is GBX 4.86 and its 200-day moving average is GBX 3.94.

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.