Springfield Properties (LON:SPR) Reaches New 52-Week High – Still a Buy?

Springfield Properties PLC (LON:SPR)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 137 and last traded at GBX 134.46, with a volume of 527965 shares traded. The stock had previously closed at GBX 134.99.

Springfield Properties Trading Down 0.4%

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 has a 50-day moving average price of GBX 119.83 and a 200-day moving average price of GBX 107.29. The company has a market capitalization of £160.06 million, a price-to-earnings ratio of 11.92 and a beta of 1.42.

Insider Transactions at Springfield Properties

In other Springfield Properties news, insider Sandy Adam sold 127,899 shares of Springfield Properties 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. Over the last quarter, insiders sold 1,767,899 shares of company stock valued at $204,099,981. Company 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.

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