Sabien Technology Group (LON:SNT) Trading Down 11.8% – Here’s What Happened

Sabien Technology Group Plc (LON:SNT)’s stock price dropped 11.8% on Friday . The company traded as low as GBX 3.50 and last traded at GBX 3.75. Approximately 170,476 shares were traded during trading, a decline of 58% from the average daily volume of 402,849 shares. The stock had previously closed at GBX 4.25.

Sabien Technology Group Price Performance

The business’s 50-day moving average price is GBX 5.56 and its 200 day moving average price is GBX 6.43. 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 company has a market capitalization of £1.00 million, a P/E ratio of -1.94 and a beta of 0.60.

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

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.