Secure Property Development & Investment (LON:SPDI) Hits New 52-Week Low – Time to Sell?

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05), with a volume of 145000 shares traded. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Trading Down 4.0 %

The business has a fifty day moving average price of GBX 3.99 and a two-hundred day moving average price of GBX 4.25. The company has a current ratio of 1.75, a quick ratio of 0.06 and a debt-to-equity ratio of 5.28. The firm has a market capitalization of £5.58 million, a PE ratio of 0.76 and a beta of 0.42.

About Secure Property Development & Investment

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Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets.

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