Sabien Technology Group (LON:SNT) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Sabien Technology Group Plc (LON:SNT) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 10.34 ($0.13) and traded as high as GBX 11.25 ($0.14). Sabien Technology Group shares last traded at GBX 10.53 ($0.13), with a volume of 504 shares trading hands.

Sabien Technology Group Price Performance

The stock has a market capitalization of £2.49 million, a PE ratio of -351.00 and a beta of 0.50. 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’s 50 day simple moving average is GBX 11.12 and its 200 day simple moving average is GBX 10.34.

Insider Buying and Selling

In related news, insider Richard Parris bought 200,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average cost of GBX 10 ($0.12) per share, for a total transaction of £20,000 ($24,470.82). 55.63% of the stock is owned by corporate insiders.

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.