Sabien Technology Group (LON:SNT) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Sabien Technology Group Plc (LON:SNT) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 6.97 and traded as low as GBX 5.67. Sabien Technology Group shares last traded at GBX 6.17, with a volume of 42,093 shares changing hands.

Sabien Technology Group Trading Up 2.8%

The company has a quick ratio of 1.54, a current ratio of 0.31 and a debt-to-equity ratio of -125.31. The stock has a market capitalization of £1.65 million, a P/E ratio of -3.20 and a beta of 0.59. The firm’s 50 day simple moving average is GBX 6.21 and its two-hundred day simple moving average is GBX 6.96.

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

Insiders Place Their Bets

In other Sabien Technology Group news, insider Richard Parris sold 1,506,459 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were 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.

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.