Springfield Properties (LON:SPR) Trading Down 3.1% – Time to Sell?

Springfield Properties PLC (LON:SPR)’s stock price traded down 3.1% during mid-day trading on Wednesday . The company traded as low as GBX 93 ($1.15) and last traded at GBX 94.50 ($1.17). 209,285 shares traded hands during trading, an increase of 177% from the average session volume of 75,598 shares. The stock had previously closed at GBX 97.50 ($1.21).

Springfield Properties Stock Down 3.1 %

The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.48 and a current ratio of 2.45. The stock has a market cap of £112.22 million, a price-to-earnings ratio of 1,575.00 and a beta of 1.42. The business’s 50 day moving average is GBX 93 and its 200-day moving average is GBX 97.99.

Insider Buying and Selling

In other Springfield Properties news, insider Iain Logan acquired 5,064 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The stock was bought at an average price of GBX 103 ($1.27) per share, with a total value of £5,215.92 ($6,447.37). Insiders own 36.20% of the company’s stock.

Springfield Properties Company Profile

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.