Springfield Properties (LON:SPR) Hits New 52-Week Low – What’s Next?

Springfield Properties PLC (LON:SPR)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 89 and last traded at GBX 92, with a volume of 423981 shares traded. The stock had previously closed at GBX 89.05.

Springfield Properties Price Performance

The stock has a 50 day simple moving average of GBX 104.83 and a two-hundred day simple moving average of GBX 117.81. The company has a market cap of £109.62 million, a price-to-earnings ratio of 8.09 and a beta of 1.06. The company has a debt-to-equity ratio of 34.45, a current ratio of 3.80 and a quick ratio of 0.48.

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.

With a focus on sustainable and quality homes, the customer is at the heart of what we do.