Sabien Technology Group (LON:SNT) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Sabien Technology Group Plc (LON:SNT)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.43 and traded as low as GBX 4. Sabien Technology Group shares last traded at GBX 4, with a volume of 53,902 shares changing hands.

Sabien Technology Group Stock Up 5.9%

The firm has a market cap of £1.21 million, a price-to-earnings ratio of -2.33 and a beta of 0.60. The company has a debt-to-equity ratio of -125.31, a quick ratio of 1.54 and a current ratio of 0.31. The business’s 50-day moving average is GBX 5.56 and its 200-day moving average is GBX 6.43.

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

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.