Sabien Technology Group (LON:SNT) Trading Down 11.3% – Time to Sell?

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

Sabien Technology Group Stock Performance

The stock has a 50-day moving average of GBX 6.04 and a 200-day moving average of GBX 6.70. The firm has a market cap of £1.37 million, a price-to-earnings ratio of -2.64 and a beta of 0.59. The company has a debt-to-equity ratio of -125.31, a quick ratio of 1.54 and a current ratio of 0.31.

Sabien Technology Group (LON:SNT) last announced its earnings results on Thursday, April 2nd. The company reported GBX (0.78) earnings per share (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.