Springfield Properties (LON:SPR) Stock Price Down 2.3% – Here’s What Happened

Springfield Properties PLC (LON:SPR) shares traded down 2.3% during mid-day trading on Wednesday . The stock traded as low as GBX 98 and last traded at GBX 98.20. 62,664 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 173,326 shares. The stock had previously closed at GBX 100.50.

Springfield Properties Price Performance

The company has a 50 day simple moving average of GBX 108.28 and a 200-day simple moving average of GBX 118.94. The stock has a market cap of £117.01 million, a price-to-earnings ratio of 8.64 and a beta of 1.06. The company has a current ratio of 3.80, a quick ratio of 0.48 and a debt-to-equity ratio of 34.45.

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

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.