Secure Property Development & Investment (LON:SPDI) Trading Down 12.3% – Here’s Why

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) fell 12.3% during trading on Friday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.51 ($0.05). 100,000 shares traded hands during trading, a decline of 27% from the average session volume of 137,295 shares. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Stock Performance

The firm has a market cap of £5.44 million, a price-to-earnings ratio of 0.74 and a beta of 0.42. The company has a current ratio of 1.75, a quick ratio of 0.06 and a debt-to-equity ratio of 5.28. The stock’s 50 day moving average is GBX 3.90 and its 200 day moving average is GBX 4.21.

Secure Property Development & Investment Company Profile

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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.

Further Reading

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