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

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

Springfield Properties Trading Down 2.3%

The company has a fifty day simple moving average of GBX 108.28 and a two-hundred day simple moving average of GBX 118.94. 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 has a market capitalization of £117.01 million, a P/E ratio of 8.64 and a beta of 1.06.

Springfield Properties (LON:SPR) last posted its earnings results on Tuesday, February 17th. The company reported GBX 2.61 earnings per share for the quarter. Springfield Properties had a return on equity of 8.30% and a net margin of 5.03%. On average, sell-side analysts expect that Springfield Properties PLC will post 8.1103001 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.