Springfield Properties (LON:SPR) Trading Down 1.7% – Should You Sell?

Springfield Properties PLC (LON:SPR) fell 1.7% during trading on Thursday . The company traded as low as GBX 132 and last traded at GBX 132.15. 106,989 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 191,236 shares. The stock had previously closed at GBX 134.50.

Springfield Properties Stock Down 1.7%

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’s 50 day moving average price is GBX 126.38 and its two-hundred day moving average price is GBX 111.35. The firm has a market cap of £157.39 million, a price-to-earnings ratio of 11.72 and a beta of 1.42.

Insider Buying and Selling

In other Springfield Properties news, insider Innes Smith sold 100,000 shares of Springfield Properties stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of GBX 133, for a total value of £133,000. Also, insider Sandy Adam sold 127,899 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of GBX 119, for a total value of £152,199.81. Insiders have sold a total of 1,867,899 shares of company stock valued at $217,399,981 over the last ninety days. 22.45% of the stock is owned by insiders.

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.

With a focus on sustainable and quality homes, the customer is at the heart of what we do.