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Springfield Properties (LON:SPR) Trading Down 3.1% - Should You Sell?

Springfield Properties logo with Consumer Cyclical background

Springfield Properties PLC (LON:SPR - Get Free Report) fell 3.1% during trading on Wednesday . The company traded as low as GBX 93 ($1.14) and last traded at GBX 94.50 ($1.16). 209,285 shares were traded during trading, an increase of 177% from the average session volume of 75,598 shares. The stock had previously closed at GBX 97.50 ($1.20).

Springfield Properties Stock Performance

The firm's fifty day moving average price is GBX 92.83 and its 200 day moving average price is GBX 97.97. The firm has a market cap of £112.80 million, a P/E ratio of 1,583.17 and a beta of 1.42. The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.48 and a current ratio of 2.45.

Insider Activity at Springfield Properties

In other news, insider Iain Logan acquired 5,064 shares of the business's stock in a transaction dated Monday, October 14th. The shares were purchased at an average price of GBX 103 ($1.27) per share, with a total value of £5,215.92 ($6,418.01). 36.20% of the stock is currently owned by corporate insiders.

Springfield Properties Company Profile

(Get Free Report)

The Springfield Group is one of the largest homebuilders in Scotland. Made up of six well-established and respected brands –Springfield Properties, Springfield Partnerships, Dawn Homes, Walker Group, Tulloch Homes and Mactaggart & Mickel Homes – we deliver high quality, energy efficient homes across multiple tenures for people that need them.

Further Reading

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