Seeing Machines Ltd. NPV (DI) (SEE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

3.40p
   
  • Change Today:
    -0.025p
  • 52 Week High: 5.65p
  • 52 Week Low: 3.08p
  • Currency: UK Pounds
  • Shares Issued: 4,156.02m
  • Volume: 1,573,120
  • Market Cap: £141.30m
  • RiskGrade: 357
  • Beta: 0.95

Seeing Machines takes wraps off next-gen driver monitoring system

By Josh White

Date: Tuesday 09 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Driver monitoring technology specialist Seeing Machines unveiled Guardian Generation 3, the newest iteration of its aftermarket driver monitoring system (DMS), on Tuesday.
The AIM-traded firm said Guardian Generation 3 had undergone independent testing, and was certified to meet the European Commission's General Safety Regulation for Drowsiness Detection, which becomes mandatory for all new cars, vans, trucks, and buses in Europe from July.

It said the upgraded version of Guardian also boasted enhanced features, including refined microsleep detection and eye-gaze tracking, which significantly improve its capability to accurately identify instances of distracted driving.

"Regulation continues to drive demand for all of our DMS technology and I am very pleased to see that we have successfully launched the next generation of our Guardian solution for commercial transport and logistics companies as well as commercial vehicle manufacturers," said chief executive officer Paul McGlone.

"A reliable solution that only activates when required is so important for driver adoption and continued road safety."

Additionally, McGlone said supporting commercial vehicle OEMs with an aftermarket or factory fit solution was critical to their ability to sell compliant vehicles.

"And, given the lower annual volume of production of these vehicles versus cars, I am delighted that Seeing Machines is able to service this new market segment profitably and continue to drive our purpose of getting people home safely."

At 1221 GMT, shares in Seeing Machines were up 2.07% at 5.43p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SEE Market Data

Currency UK Pounds
Share Price 3.40p
Change Today -0.025p
% Change -0.73 %
52 Week High 5.65p
52 Week Low 3.08p
Volume 1,573,120
Shares Issued 4,156.02m
Market Cap £141.30m
Beta 0.95
RiskGrade 357

SEE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.29% below the market average39.29% below the market average39.29% below the market average39.29% below the market average39.29% below the market average
18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average
Price Trend
72.17% below the market average72.17% below the market average72.17% below the market average72.17% below the market average72.17% below the market average
28% below the sector average28% below the sector average28% below the sector average28% below the sector average28% below the sector average
Income Not Available
Growth
51.03% above the market average51.03% above the market average51.03% above the market average51.03% above the market average51.03% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SEE Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:26 5,209 @ 3.45p
16:23 250 @ 3.49p
16:23 250 @ 3.49p
15:59 10 @ 3.49p
15:57 573 @ 3.49p

SEE Key Personnel

Chair Kate Hill
CEO Paul McGlone

Top of Page