Springfield Properties (LON:SPR) Stock Price Down 1.2% – Here’s What Happened

Shares of Springfield Properties PLC (LON:SPR) were down 1.2% during trading on Tuesday . The stock traded as low as GBX 104 and last traded at GBX 104.75. Approximately 99,958 shares changed hands during trading, a decline of 49% from the average daily volume of 195,937 shares. The stock had previously closed at GBX 106.

Springfield Properties Stock Down 1.2%

The company has a quick ratio of 0.48, a current ratio of 3.80 and a debt-to-equity ratio of 34.45. The firm has a market capitalization of £124.81 million, a price-to-earnings ratio of 9.21 and a beta of 1.10. The stock has a 50 day moving average of GBX 121.88 and a 200 day moving average of GBX 118.21.

Springfield Properties (LON:SPR) last announced its quarterly earnings results on Tuesday, February 17th. The company reported GBX 2.61 EPS for the quarter. Springfield Properties had a net margin of 5.03% and a return on equity of 8.30%. As a group, analysts expect that Springfield Properties PLC will post 8.1103001 earnings per share for the current fiscal year.

Insider Activity at Springfield Properties

In related news, insider Innes Smith sold 100,000 shares of Springfield Properties stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of GBX 133, for a total value of £133,000. 22.35% of the stock is currently owned by corporate 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.