Springfield Properties (LON:SPR) Stock Falls 0.9% – Here’s Why

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

Springfield Properties Stock Performance

The company has a market cap of £133.19 million, a P/E ratio of 14.95 and a beta of 1.08. The firm has a 50 day moving average price of GBX 108.77 and a 200-day moving average price of GBX 104.22. The company has a debt-to-equity ratio of 15.59, a quick ratio of 0.48 and a current ratio of 3.31.

Springfield Properties (LON:SPR) last issued its quarterly earnings data on Tuesday, September 15th. The company reported GBX 8.51 EPS for the quarter. Springfield Properties had a return on equity of 5.37% and a net margin of 3.87%. On average, research analysts predict that Springfield Properties PLC will post 8.1103001 EPS 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.