Sabien Technology Group (LON:SNT) Shares Down 9.8% – Here’s Why

Shares of Sabien Technology Group Plc (LON:SNTGet Free Report) were down 9.8% during trading on Wednesday . The stock traded as low as GBX 7.01 and last traded at GBX 7.44. Approximately 874,917 shares changed hands during mid-day trading, an increase of 444% from the average daily volume of 160,720 shares. The stock had previously closed at GBX 8.25.

Sabien Technology Group Trading Down 9.8%

The firm’s 50-day moving average price is GBX 7.77 and its 200-day moving average price is GBX 7.97. The company has a quick ratio of 1.54, a current ratio of 0.53 and a debt-to-equity ratio of 102.94. The company has a market cap of £1.99 million, a P/E ratio of -3.17 and a beta of 0.50.

Sabien Technology Group Company Profile

(Get Free Report)

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.

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