Sabien Technology Group (LON:SNT) Trading Up 10% – Here’s Why

Sabien Technology Group Plc (LON:SNT) shares shot up 10% during mid-day trading on Thursday . The company traded as high as GBX 11 ($0.14) and last traded at GBX 11 ($0.14). 217,631 shares traded hands during trading, an increase of 207% from the average session volume of 70,864 shares. The stock had previously closed at GBX 10 ($0.13).

Sabien Technology Group Stock Up 10.0 %

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 company has a market capitalization of £2.60 million, a P/E ratio of -333.33 and a beta of 0.50. The stock has a 50-day moving average price of GBX 10.87 and a 200-day moving average price of GBX 10.49.

Insider Buying and Selling

In other Sabien Technology Group news, insider Richard Parris bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The stock was acquired at an average price of GBX 10 ($0.13) per share, with a total value of £5,000 ($6,338.74). 55.63% of the stock is currently owned by 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.