Springfield Properties (LON:SPR) Reaches New 12-Month High – Here’s Why

Springfield Properties PLC (LON:SPR) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 122 and last traded at GBX 122, with a volume of 174746 shares changing hands. The stock had previously closed at GBX 118.

Springfield Properties Price Performance

The business has a 50-day moving average price of GBX 108.50 and a two-hundred day moving average price of GBX 101.63. The company has a quick ratio of 0.48, a current ratio of 2.45 and a debt-to-equity ratio of 38.16. The company has a market capitalization of £145.23 million, a price-to-earnings ratio of 10.82 and a beta of 1.42.

Springfield Properties (LON:SPR) last announced its quarterly earnings results on Tuesday, September 16th. The company reported GBX 12.66 EPS for the quarter. Springfield Properties had a net margin of 2.83% and a return on equity of 4.88%. As a group, research analysts anticipate that Springfield Properties PLC will post 8.1103001 EPS for the current year.

Insiders Place Their Bets

In other Springfield Properties news, insider Sandy Adam sold 1,000,000 shares of Springfield Properties stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of GBX 115, for a total transaction of £1,150,000. Over the last quarter, insiders have sold 1,767,899 shares of company stock valued at $204,099,981. 24.36% of the stock is currently owned by company insiders.

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.