Sabien Technology Group (LON:SNT) Shares Down 12.5% – Here’s What Happened

Shares of Sabien Technology Group Plc (LON:SNT) dropped 12.5% during trading on Tuesday . The company traded as low as GBX 7 and last traded at GBX 7. Approximately 1,573,616 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 1,561,494 shares. The stock had previously closed at GBX 8.

Sabien Technology Group Trading Up 2.9%

The stock’s fifty day moving average price is GBX 7.19 and its two-hundred day moving average price is GBX 7.42. The company has a quick ratio of 1.54, a current ratio of 0.53 and a debt-to-equity ratio of 102.94. The company has a market capitalization of £1.93 million, a PE ratio of -2.71 and a beta of 0.50.

Sabien Technology Group (LON:SNT) last announced its earnings results on Thursday, November 13th. The company reported GBX (2.66) earnings per share (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.