Shares of Sabien Technology Group Plc (LON:SNT – Get Free Report) shot up 10% during trading on Thursday following insider buying activity. 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).
Specifically, insider Richard Parris bought 200,000 shares of the stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average cost of GBX 10 ($0.13) per share, for a total transaction of £20,000 ($25,474.46).
Sabien Technology Group Stock Performance
The stock has a market cap of £2.78 million, a PE ratio of -391.67 and a beta of 0.50. The firm’s 50-day moving average is GBX 10.99 and its 200 day moving average is GBX 10.49. The company has a debt-to-equity ratio of 40.44, a quick ratio of 1.54 and a current ratio of 0.56.
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.
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