Secure Property Development & Investment (LON:SPDI) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Secure Property Development & Investment Plc (LON:SPDI)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.26 ($0.05) and traded as low as GBX 4 ($0.05). Secure Property Development & Investment shares last traded at GBX 4.50 ($0.06), with a volume of 30,158 shares.

Secure Property Development & Investment Price Performance

The firm has a 50-day moving average of GBX 4.46 and a two-hundred day moving average of GBX 4.26. The firm has a market cap of £5.17 million, a price-to-earnings ratio of 66.67 and a beta of 0.42. The company has a current ratio of 1.73, a quick ratio of 0.06 and a debt-to-equity ratio of 6.33.

Secure Property Development & Investment Company Profile

Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets.