Sabien Technology Group (LON:SNT) Shares Up 17.7% – Time to Buy?

Sabien Technology Group Plc (LON:SNT)’s share price shot up 17.7% during mid-day trading on Thursday . The company traded as high as GBX 12.45 ($0.16) and last traded at GBX 12.06 ($0.15). 322,453 shares were traded during mid-day trading, an increase of 358% from the average session volume of 70,416 shares. The stock had previously closed at GBX 10.25 ($0.13).

Sabien Technology Group Stock Performance

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 stock has a market cap of £3.03 million, a P/E ratio of -427.67 and a beta of 0.50. The stock has a 50-day simple moving average of GBX 10.94 and a 200-day simple moving average of GBX 10.36.

Insider Activity at Sabien Technology Group

In other news, insider Richard Parris acquired 200,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average price of GBX 10 ($0.13) per share, with a total value of £20,000 ($25,144.58). 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.