Sabien Technology Group (LON:SNT) Stock Price Down 10.4% – Here’s What Happened

Sabien Technology Group Plc (LON:SNT)’s share price dropped 10.4% during trading on Thursday . The stock traded as low as GBX 6 and last traded at GBX 6.05. Approximately 134,033 shares traded hands during trading, a decline of 78% from the average daily volume of 602,263 shares. The stock had previously closed at GBX 6.75.

Sabien Technology Group Trading Down 4.0%

The stock has a market cap of £1.61 million, a P/E ratio of -2.26 and a beta of 0.50. The stock has a 50-day moving average price of GBX 6.69 and a 200-day moving average price of GBX 7.28. The company has a debt-to-equity ratio of -213.39, a quick ratio of 1.54 and a current ratio of 0.39.

Insider Transactions at Sabien Technology Group

In related news, insider Richard Parris sold 1,506,459 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of GBX 7, for a total transaction of £105,452.13. Corporate insiders own 55.63% of the company’s stock.

Sabien Technology Group Company Profile

Sabien Technology Group Plc, together with its subsidiaries, engages in the provision of energy reduction and cloud-connected carbon management technologies serving the commercial heating sector in the United Kingdom and internationally. It offers M2G intelligent boiler load control solution and cloud-connected carbon management service optimize boilers' energy use. Sabien Technology Group Plc sells its products directly, as well as through various facilities management and property management organizations.