Sabien Technology Group (LON:SNT) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Sabien Technology Group Plc (LON:SNT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.34 ($0.13) and traded as high as GBX 11.35 ($0.14). Sabien Technology Group shares last traded at GBX 10.53 ($0.13), with a volume of 53,594 shares traded.

Sabien Technology Group Trading Down 4.2 %

The firm has a market capitalization of £2.49 million, a price-to-earnings ratio of -351.10 and a beta of 0.50. The business’s 50-day moving average price is GBX 11.27 and its 200 day moving average price is GBX 10.34. The company has a debt-to-equity ratio of 40.44, a current ratio of 0.56 and a quick ratio of 1.54.

Sabien Technology Group (LON:SNT) last issued its quarterly earnings data on Monday, November 18th. The company reported GBX (2.46) (($0.03)) earnings per share for the quarter. Sabien Technology Group had a negative net margin of 51.75% and a negative return on equity of 116.48%.

Insiders Place Their Bets

In related news, insider Richard Parris purchased 200,000 shares of Sabien Technology Group stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average price of GBX 10 ($0.12) per share, for a total transaction of £20,000 ($24,965.67). Corporate 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.