Sabien Technology Group (LON:SNT) Shares Pass Above 200 Day Moving Average – What’s Next?

Sabien Technology Group Plc (LON:SNT) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 10.38 ($0.13) and traded as high as GBX 12.75 ($0.16). Sabien Technology Group shares last traded at GBX 12.75 ($0.16), with a volume of 11 shares changing hands.

Sabien Technology Group Stock Performance

The stock has a market capitalization of £2.84 million, a P/E ratio of -400.00 and a beta of 0.50. The company has a current ratio of 0.56, a quick ratio of 1.54 and a debt-to-equity ratio of 40.44. The company has a 50-day moving average price of GBX 11.01 and a two-hundred day moving average price of GBX 10.39.

Insider Buying and Selling at Sabien Technology Group

In related news, insider Richard Parris purchased 200,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of GBX 10 ($0.13) per share, with a total value of £20,000 ($25,166.73). 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.