Secure Property Development & Investment (LON:SPDI) Trading 28.6% Higher – Still a Buy?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) shares shot up 28.6% during trading on Monday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). 192,417 shares were traded during mid-day trading, an increase of 40% from the average session volume of 137,698 shares. The stock had previously closed at GBX 3.50 ($0.05).

Secure Property Development & Investment Stock Up 28.6 %

The firm has a market cap of £6.98 million, a price-to-earnings ratio of 0.95 and a beta of 0.42. The company has a debt-to-equity ratio of 5.28, a current ratio of 1.75 and a quick ratio of 0.06. The firm has a 50 day moving average price of GBX 3.94 and a 200-day moving average price of GBX 4.24.

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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