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

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

Sabien Technology Group Trading Up 10.0 %

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 firm has a market capitalization of £2.60 million, a P/E ratio of -333.33 and a beta of 0.50. The firm has a 50-day moving average of GBX 10.87 and a two-hundred day moving average of GBX 10.49.

Insider Buying and Selling at Sabien Technology Group

In other news, insider Richard Parris bought 50,000 shares of the company’s stock in a transaction on Wednesday, September 25th. The stock was purchased at an average cost of GBX 10 ($0.13) per share, for a total transaction of £5,000 ($6,338.74). Corporate 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.