Springfield Properties (LON:SPR) Shares Down 1.6% – Here’s Why

Springfield Properties PLC (LON:SPR) traded down 1.6% during mid-day trading on Tuesday . The company traded as low as GBX 94 ($1.22) and last traded at GBX 94 ($1.22). 52,704 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 219,731 shares. The stock had previously closed at GBX 95.50 ($1.24).

Springfield Properties Stock Down 1.6 %

The stock’s fifty day simple moving average is GBX 94.84 and its 200-day simple moving average is GBX 97.29. The stock has a market cap of £111.74 million, a P/E ratio of 14.77 and a beta of 1.42. 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 issued its quarterly earnings results on Monday, February 17th. The company reported GBX 2.46 ($0.03) earnings per share (EPS) for the quarter. Springfield Properties had a return on equity of 4.88% and a net margin of 2.83%. As a group, research analysts forecast that Springfield Properties PLC will post 8.1103001 earnings per share for the current fiscal year.

Insider Transactions at Springfield Properties

In other Springfield Properties news, insider Innes Smith sold 85,585 shares of the business’s stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of GBX 107 ($1.39), for a total transaction of £91,575.95 ($118,560.27). 36.20% of the stock is currently owned by 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.