Springfield Properties (LON:SPR) Trading Down 2% – Here’s Why

Springfield Properties PLC (LON:SPR)’s share price was down 2% on Thursday . The stock traded as low as GBX 92.12 ($1.25) and last traded at GBX 92.12 ($1.25). Approximately 29,791 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 149,031 shares. The stock had previously closed at GBX 94 ($1.28).

Springfield Properties Price Performance

The company has a market cap of £109.66 million, a price-to-earnings ratio of 1,258.48 and a beta of 1.42. The company has a quick ratio of 0.48, a current ratio of 2.45 and a debt-to-equity ratio of 38.16. The company’s fifty day moving average price is GBX 98.50 and its two-hundred day moving average price is GBX 96.33.

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.