Sabien Technology Group (LON:SNT) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Sabien Technology Group Plc (LON:SNT)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 7.86 ($0.11) and traded as low as GBX 6.01 ($0.08). Sabien Technology Group shares last traded at GBX 6.01 ($0.08), with a volume of 430 shares changing hands.

Sabien Technology Group Price Performance

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 company’s 50-day simple moving average is GBX 6.97 and its 200-day simple moving average is GBX 7.86. The company has a market cap of £1.61 million, a price-to-earnings ratio of -255.74 and a beta of 0.50.

Insider Activity

In other news, insider Richard Parris acquired 746,753 shares of the stock in a transaction on Monday, June 30th. The stock was bought at an average price of GBX 8 per share, with a total value of £59,740.24. Also, insider Ranald McGregor Smith acquired 438,312 shares of the stock in a transaction on Monday, June 30th. The stock was purchased at an average cost of GBX 7 per share, with a total value of £30,681.84. Insiders purchased 1,766,102 shares of company stock worth $13,109,467 over the last three months. Insiders own 55.63% of the company’s stock.

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.