Springfield Properties (LON:SPR) Trading Down 3% – Here’s Why

Springfield Properties PLC (LON:SPR) shares dropped 3% on Tuesday . The company traded as low as GBX 102 ($1.37) and last traded at GBX 104.79 ($1.41). Approximately 306,014 shares were traded during trading, an increase of 99% from the average daily volume of 153,411 shares. The stock had previously closed at GBX 108 ($1.45).

Springfield Properties Stock Performance

The company has a debt-to-equity ratio of 38.16, a current ratio of 2.45 and a quick ratio of 0.48. The firm has a market capitalization of £124.74 million, a P/E ratio of 928.99 and a beta of 1.42. The stock’s 50 day moving average is GBX 99.53 and its two-hundred day moving average is GBX 97.05.

Springfield Properties (LON:SPR) last posted its quarterly earnings results on Tuesday, September 16th. The company reported GBX 12.66 earnings per share for the quarter. Springfield Properties had a net margin of 2.83% and a return on equity of 4.88%. As a group, equities analysts anticipate that Springfield Properties PLC will post 8.1103001 earnings per share for the current fiscal year.

About Springfield Properties

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.