Sabien Technology Group (LON:SNT) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Sabien Technology Group Plc (LON:SNT) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.40 and traded as low as GBX 6. Sabien Technology Group shares last traded at GBX 6.75, with a volume of 11,409 shares trading hands.

Sabien Technology Group Stock Performance

The company has a market capitalization of £1.81 million, a price-to-earnings ratio of -2.54 and a beta of 0.50. The company has a current ratio of 0.53, a quick ratio of 1.54 and a debt-to-equity ratio of 102.94. The stock’s 50 day moving average price is GBX 7.12 and its 200 day moving average price is GBX 7.40.

Sabien Technology Group (LON:SNT) last released its earnings results on Thursday, November 13th. The company reported GBX (2.66) EPS for the quarter. Sabien Technology Group had a negative return on equity of 141.37% and a negative net margin of 76.65%.

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.