Sabien Technology Group (LON:SNT) Trading Up 20% – Here’s Why

Sabien Technology Group Plc (LON:SNT)’s share price was up 20% during mid-day trading on Wednesday . The stock traded as high as GBX 9 ($0.12) and last traded at GBX 9 ($0.12). Approximately 179,619 shares traded hands during trading, an increase of 147% from the average daily volume of 72,597 shares. The stock had previously closed at GBX 7.50 ($0.10).

Sabien Technology Group Trading Up 4.6 %

The firm’s fifty day simple moving average is GBX 8.40 and its 200-day simple moving average is GBX 10.23. The company has a debt-to-equity ratio of 102.94, a quick ratio of 1.54 and a current ratio of 0.53. The stock has a market cap of £2.22 million, a P/E ratio of -3.62 and a beta of 0.50.

Sabien Technology Group (LON:SNT) last issued its quarterly earnings results on Monday, March 17th. The company reported GBX (1.60) (($0.02)) EPS for the quarter. Sabien Technology Group had a negative net margin of 76.65% and a negative return on equity of 141.37%.

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.