Seeing Machines (LON:SEE) Trading 11.7% Higher – What’s Next?

Seeing Machines Limited (LON:SEE) shares shot up 11.7% during mid-day trading on Wednesday . The company traded as high as GBX 2.19 ($0.03) and last traded at GBX 2.10 ($0.03). 9,246,695 shares traded hands during trading, a decline of 32% from the average session volume of 13,614,497 shares. The stock had previously closed at GBX 1.88 ($0.02).

Seeing Machines Price Performance

The stock has a fifty day moving average of GBX 2.11 and a two-hundred day moving average of GBX 3.28. The stock has a market capitalization of £142.11 million, a price-to-earnings ratio of -3.86 and a beta of 1.15. The company has a current ratio of 1.89, a quick ratio of 3.50 and a debt-to-equity ratio of 137.68.

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.