Sabien Technology Group (LON:SNT) Shares Up 14.3% – Here’s Why

Sabien Technology Group Plc (LON:SNT) shares traded up 14.3% during trading on Thursday . The company traded as high as GBX 4 and last traded at GBX 4. 104,074 shares traded hands during trading, a decline of 74% from the average session volume of 405,624 shares. The stock had previously closed at GBX 3.50.

Sabien Technology Group Trading Up 14.3%

The company has a current ratio of 0.31, a quick ratio of 1.54 and a debt-to-equity ratio of -125.31. The company has a market cap of £1.07 million, a PE ratio of -2.07 and a beta of 0.60. The business’s 50-day simple moving average is GBX 5.83 and its 200-day simple moving average is GBX 6.57.

Sabien Technology Group (LON:SNT) last posted its quarterly earnings results on Thursday, April 2nd. The company reported GBX (0.78) 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 company had revenue of GBX 50 million for the quarter.

Sabien Technology Group Company Profile

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.