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

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

Springfield Properties Stock Performance

The firm has a market cap of £157.45 million, a PE ratio of 11.72 and a beta of 1.42. 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 simple moving average of GBX 126.66 and a two-hundred day simple moving average of GBX 111.58.

Insider Buying and Selling

In related news, insider Sandy Adam sold 127,899 shares of the company’s 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. Also, insider Innes Smith sold 100,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of GBX 133, for a total value of £133,000. Insiders sold a total of 1,867,899 shares of company stock worth $217,399,981 in the last ninety days. 22.45% of the stock is currently owned by insiders.

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.