Sabien Technology Group (LON:SNT) Trading 23.1% Higher – Time to Buy?

Shares of Sabien Technology Group Plc (LON:SNT) rose 23.1% on Thursday . The stock traded as high as GBX 8 and last traded at GBX 8. Approximately 406,542 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 694,138 shares. The stock had previously closed at GBX 6.50.

Sabien Technology Group Trading Up 23.1%

The stock has a market capitalization of £2.14 million, a PE ratio of -3.01 and a beta of 0.50. The company has a debt-to-equity ratio of 102.94, a quick ratio of 1.54 and a current ratio of 0.53. The business’s 50-day moving average is GBX 6.84 and its two-hundred day moving average is GBX 7.33.

Insider Transactions at Sabien Technology Group

In other news, insider Richard Parris sold 1,506,459 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of GBX 7, for a total transaction of £105,452.13. 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.