Springfield Properties (LON:SPR) Trading Up 0.6% - Here's Why

Springfield Properties PLC (LON:SPR - Get Free Report) was up 0.6% on Tuesday . The company traded as high as GBX 89.50 ($1.13) and last traded at GBX 89.50 ($1.13). Approximately 169,940 shares changed hands during trading, an increase of 44% from the average daily volume of 118,371 shares. The stock had previously closed at GBX 89 ($1.12).

Springfield Properties Stock Up 0.2 %

The firm has a fifty day simple moving average of GBX 94.77 and a 200-day simple moving average of GBX 98.17. The company has a market capitalization of £106.54 million, a PE ratio of 1,495.33 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.

Insiders Place Their Bets

In other Springfield Properties news, insider Innes Smith sold 14,559 shares of the business's stock in a transaction on Monday, October 7th. The shares were sold at an average price of GBX 98 ($1.23), for a total transaction of £14,267.82 ($17,937.92). Also, insider Iain Logan sold 5,064 shares of the firm's stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of GBX 104 ($1.31), for a total value of £5,266.56 ($6,621.27). 36.20% of the stock is owned by insiders.

Springfield Properties Company Profile

Springfield Properties Plc, together with its subsidiaries, engages in the house building business in the United Kingdom. The company offers private, contract, and affordable housing, as well as provides development services to third party private organizations. It is also involved in hiring plants and machineries; property development activities; buying and selling real estate; manufacturing timber kits; and provision of management services.