Springfield Properties (LON:SPR) Sets New 12-Month High – What’s Next?

Springfield Properties PLC (LON:SPR)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 128 and last traded at GBX 124.19, with a volume of 350527 shares trading hands. The stock had previously closed at GBX 122.

Springfield Properties Stock Down 0.6%

The firm has a market cap of £147.85 million, a P/E ratio of 11.01 and a beta of 1.42. The firm’s fifty day moving average is GBX 115.55 and its 200 day moving average is GBX 104.99. The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.48 and a current ratio of 2.45.

Springfield Properties (LON:SPR) last posted its quarterly earnings data on Tuesday, September 16th. The company reported GBX 12.66 earnings per share for the quarter. Springfield Properties had a return on equity of 4.88% and a net margin of 2.83%. As a group, equities research analysts anticipate that Springfield Properties PLC will post 8.1103001 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Sandy Adam sold 127,899 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of GBX 119, for a total value of £152,199.81. Insiders sold 1,767,899 shares of company stock worth $204,099,981 in the last three months. 22.45% of the stock is 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.