Seeing Machines (LON:SEE) Downgraded by Panmure Gordon to Hold

Seeing Machines (LON:SEE) was downgraded by research analysts at Panmure Gordon to a “hold” rating in a research note issued on Thursday, March 28th, ThisIsMoney.Co.Uk reports. They currently have a GBX 3 ($0.04) target price on the stock, down from their prior target price of GBX 28 ($0.37). Panmure Gordon’s price target points to a potential downside of 2.44% from the company’s previous close.

SEE stock remained flat at $GBX 3.08 ($0.04) during trading on Thursday. 805,069 shares of the company’s stock were exchanged, compared to its average volume of 5,080,000. Seeing Machines has a twelve month low of GBX 2.96 ($0.04) and a twelve month high of GBX 14.15 ($0.18). The company has a quick ratio of 3.06, a current ratio of 4.12 and a debt-to-equity ratio of 10.69. The company has a market cap of $69.51 million and a P/E ratio of -1.92.

Seeing Machines Company Profile

Seeing Machines Limited develops computer vision related technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It offers Guardian, which detects driver fatigue incidents and prevents those events; and FOVIO driver monitoring systems. The company serves automotive, commercial fleet, aviation, rail, and off-road markets.

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