Sabien Technology Group (LON:SNT) Stock Price Down 11.3% – Here’s Why

Shares of Sabien Technology Group Plc (LON:SNT) traded down 11.3% during trading on Thursday . The company traded as low as GBX 5.10 and last traded at GBX 5.10. 481,544 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 389,966 shares. The stock had previously closed at GBX 5.75.

Sabien Technology Group Price Performance

The business’s 50-day moving average price is GBX 5.97 and its 200 day moving average price is GBX 6.65. 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 £1.09 million, a P/E ratio of -2.10 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.

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.