Sabien Technology Group (LON:SNT) Shares Pass Below 200 Day Moving Average – What’s Next?

Sabien Technology Group Plc (LON:SNT) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 7.18 and traded as low as GBX 5.50. Sabien Technology Group shares last traded at GBX 5.50, with a volume of 101,111 shares.

Sabien Technology Group Stock Down 8.3%

The stock has a market capitalization of £1.47 million, a PE ratio of -2.85 and a beta of 0.50. The company has a current ratio of 0.31, a quick ratio of 1.54 and a debt-to-equity ratio of -125.31. The stock’s fifty day simple moving average is GBX 6.39 and its 200-day simple moving average is GBX 7.18.

Sabien Technology Group (LON:SNT) last announced its quarterly earnings results on Thursday, April 2nd. The company reported GBX (0.78) EPS for the quarter. The business had revenue of GBX 50 million during the quarter. Sabien Technology Group had a positive return on equity of 219.72% and a negative net margin of 47.10%.

Insider Buying and Selling at Sabien Technology Group

In other news, insider Richard Parris sold 1,506,459 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of GBX 7, for a total transaction of £105,452.13. 55.63% of the stock is owned by insiders.

About Sabien Technology Group

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.