Sabien Technology Group (LON:SNT) Trading Down 7.1% – Here’s Why

Sabien Technology Group Plc (LON:SNT)’s stock price was down 7.1% on Thursday . The company traded as low as GBX 6.50 and last traded at GBX 7.20. Approximately 574,940 shares traded hands during mid-day trading, an increase of 257% from the average daily volume of 160,922 shares. The stock had previously closed at GBX 7.75.

Sabien Technology Group Stock Down 12.9%

The company has a debt-to-equity ratio of 102.94, a current ratio of 0.53 and a quick ratio of 1.54. The firm has a market capitalization of £1.81 million, a P/E ratio of -2.87 and a beta of 0.50. The firm’s fifty day moving average price is GBX 7.85 and its 200-day moving average price is GBX 7.95.

Sabien Technology Group (LON:SNT) last released its earnings results on Thursday, November 13th. The company reported GBX (2.66) earnings per share for the quarter. Sabien Technology Group had a negative return on equity of 141.37% and a negative net margin of 76.65%.

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.