Springfield Properties (LON:SPR) Hits New 1-Year High – What’s Next?

Springfield Properties PLC (LON:SPR)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 122 and last traded at GBX 119.78, with a volume of 114001 shares. The stock had previously closed at GBX 119.

Springfield Properties Stock Performance

The company has a market capitalization of £142.59 million, a price-to-earnings ratio of 10.62 and a beta of 1.42. The stock’s 50 day moving average price is GBX 112.65 and its 200 day moving average price is GBX 103.54. The company has a current ratio of 2.45, a quick ratio of 0.48 and a debt-to-equity ratio of 38.16.

Springfield Properties (LON:SPR) last released its earnings results on Tuesday, September 16th. The company reported GBX 12.66 earnings per share (EPS) for the quarter. Springfield Properties had a return on equity of 4.88% and a net margin of 2.83%. Analysts expect that Springfield Properties PLC will post 8.1103001 earnings per share for the current year.

Insider Activity

In other news, insider Sandy Adam sold 127,899 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of GBX 119, for a total value of £152,199.81. In the last quarter, insiders sold 1,767,899 shares of company stock worth $204,099,981. Corporate insiders own 22.45% 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.