Seeing Machines (LON:SEE) Trading Up 8.8% – Here’s Why

Seeing Machines Limited (LON:SEE) shares rose 8.8% during trading on Monday . The company traded as high as GBX 4.72 and last traded at GBX 4.72. Approximately 44,853,453 shares changed hands during mid-day trading, an increase of 305% from the average daily volume of 11,061,418 shares. The stock had previously closed at GBX 4.34.

Seeing Machines Stock Performance

The company’s fifty day simple moving average is GBX 3.29 and its two-hundred day simple moving average is GBX 2.91. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89. The stock has a market capitalization of £209.26 million, a P/E ratio of -7.86 and a beta of 1.15.

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.