Sabien Technology Group (LON:SNT) Stock Passes 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 6.26 and traded as low as GBX 3.50. Sabien Technology Group shares last traded at GBX 3.53, with a volume of 23,572 shares.

Sabien Technology Group Stock Down 5.9%

The firm’s fifty day simple moving average is GBX 5.29 and its 200-day simple moving average is GBX 6.26. The company has a market cap of £976,715.70, a PE ratio of -1.83 and a beta of 0.60. The company has a quick ratio of 1.54, a current ratio of 0.31 and a debt-to-equity ratio of -125.31.

Sabien Technology Group (LON:SNT) last issued 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.

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.