Sabien Technology Group (LON:SNT) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Sabien Technology Group Plc (LON:SNT)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 10.85 ($0.14) and traded as high as GBX 12.60 ($0.16). Sabien Technology Group shares last traded at GBX 12.60 ($0.16), with a volume of 1,958 shares changing hands.

Sabien Technology Group Price Performance

The firm’s 50 day simple moving average is GBX 9.91 and its two-hundred day simple moving average is GBX 10.86. The company has a debt-to-equity ratio of 40.44, a current ratio of 0.56 and a quick ratio of 1.54. The firm has a market capitalization of £2.93 million, a P/E ratio of -412.97 and a beta of 0.50.

Insiders Place Their Bets

In other news, insider Richard Parris acquired 50,000 shares of the firm’s stock in a transaction on Wednesday, September 25th. The shares were purchased at an average price of GBX 10 ($0.13) per share, for a total transaction of £5,000 ($6,491.82). Insiders own 55.63% of the company’s stock.

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.