The stock of Seeing Machines Limited (LON:SEE) is a huge mover today! The stock decreased 3.03% or GBX 0.12 on November 23, hitting GBX 4. About 958,344 shares traded hands. Seeing Machines Limited (LON:SEE) has declined 8.33% since April 22, 2016 and is downtrending. It has underperformed by 13.66% the S&P500.
The move comes after 5 months negative chart setup for the GBX 43.89 million company. It was reported on Nov, 23 by Barchart.com. We have GBX 3.88 PT which if reached, will make LON:SEE worth GBX 1.32 million less.
Seeing Machines Limited is engaged in developing, selling and licensing products, services and technology to detect and manage driver fatigue and distraction, including continued market development to secure sustainable channels to market for the product. The company has a market cap of 43.89 million GBP. The Company’s divisions include DSS , Guardian (Fleet) and Other. It currently has negative earnings. The Firm is also engaged in developing driver-monitoring technology to be incorporated into passenger cars; entering commercial agreements with partners for the development, manufacturing and sale of products into target markets, and research and development of the Company’s processing technologies to support the development and refinement of the Company’s products.
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