Sabien Technology Group (LON:SNT) Trading Down 11.8% – Here’s Why

Sabien Technology Group Plc (LON:SNT)’s stock price dropped 11.8% on Friday . The company traded as low as GBX 3.50 and last traded at GBX 3.75. Approximately 170,476 shares were traded during trading, a decline of 58% from the average daily volume of 402,849 shares. The stock had previously closed at GBX 4.25.

Sabien Technology Group Price Performance

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 stock has a market cap of £1.00 million, a P/E ratio of -1.94 and a beta of 0.60. The business’s 50-day simple moving average is GBX 5.56 and its two-hundred day simple moving average is GBX 6.43.

Sabien Technology Group (LON:SNT) last issued its earnings results on Thursday, April 2nd. The company reported GBX (0.78) earnings per share for the quarter. The business had revenue of GBX 50 million for the quarter. Sabien Technology Group had a positive return on equity of 219.72% and a negative net margin of 47.10%.

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.