Springfield Properties (LON:SPR) Trading 2.5% Higher – What’s Next?

Springfield Properties PLC (LON:SPR) shares were up 2.5% on Tuesday . The stock traded as high as GBX 113 and last traded at GBX 111.25. Approximately 263,282 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 191,214 shares. The stock had previously closed at GBX 108.50.

Springfield Properties Price Performance

The company has a quick ratio of 0.48, a current ratio of 3.80 and a debt-to-equity ratio of 34.45. The stock’s 50-day moving average price is GBX 128.72 and its 200-day moving average price is GBX 116.91. The company has a market capitalization of £128.68 million, a price-to-earnings ratio of 9.50 and a beta of 1.10.

Springfield Properties (LON:SPR) last issued its quarterly earnings results on Tuesday, February 17th. The company reported GBX 2.61 earnings per share for the quarter. Springfield Properties had a net margin of 5.03% and a return on equity of 8.30%. Equities research analysts anticipate that Springfield Properties PLC will post 8.1103001 earnings per share for the current year.

Insider Activity at Springfield Properties

In other news, insider Innes Smith sold 100,000 shares of Springfield Properties stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of GBX 133, for a total value of £133,000. Company insiders own 22.35% of the company’s stock.

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.