Springfield Properties (LON:SPR) Stock Falls 0.9% – What’s Next?

Springfield Properties PLC (LON:SPR)’s share price fell 0.9% during mid-day trading on Wednesday. The company traded as low as GBX 111.50 and last traded at GBX 111.51. 110,583 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 187,761 shares. The stock had previously closed at GBX 112.50.

Springfield Properties Stock Performance

The stock has a 50 day simple moving average of GBX 109 and a two-hundred day simple moving average of GBX 104.26. The company has a market capitalization of £133.78 million, a price-to-earnings ratio of 15.01 and a beta of 1.08. The company has a debt-to-equity ratio of 15.59, a current ratio of 3.31 and a quick ratio of 0.48.

Springfield Properties (LON:SPR) last issued its earnings results on Tuesday, September 15th. The company reported GBX 8.51 earnings per share (EPS) for the quarter. Springfield Properties had a net margin of 3.87% and a return on equity of 5.37%. As a group, analysts anticipate that Springfield Properties PLC will post 8.1103001 earnings per share for the current 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.

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