Springfield Properties (LON:SPR) Stock Price Up 0.9% – Should You Buy?

Springfield Properties PLC (LON:SPR) shares traded up 0.9% during trading on Wednesday. The company traded as high as GBX 115 and last traded at GBX 114.58. 17,375 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 183,491 shares. The stock had previously closed at GBX 113.50.

Springfield Properties Stock Up 0.9%

The stock has a 50-day simple moving average of GBX 111.57 and a two-hundred day simple moving average of GBX 110.10. The company has a quick ratio of 0.48, a current ratio of 3.31 and a debt-to-equity ratio of 15.59. The firm has a market cap of £136.85 million, a PE ratio of 15.36 and a beta of 1.08.

Springfield Properties (LON:SPR) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 8.51 earnings per share (EPS) for the quarter. Springfield Properties had a return on equity of 5.37% and a net margin of 3.87%. Analysts expect that Springfield Properties PLC will post 8.11 earnings per share for the current year.

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.