Springfield Properties (LON:SPR) Hits New 12-Month High – What’s Next?

by · The Cerbat Gem

Springfield Properties PLC (LON:SPRGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 128 and last traded at GBX 124.19, with a volume of 350527 shares. The stock had previously closed at GBX 122.

Springfield Properties Trading Up 1.8%

The company has a debt-to-equity ratio of 38.16, a current ratio of 2.45 and a quick ratio of 0.48. The firm’s fifty day moving average price is GBX 114.34 and its 200-day moving average price is GBX 104.52. The company has a market cap of £147.84 million, a price-to-earnings ratio of 11.01 and a beta of 1.42.

Springfield Properties (LON:SPRGet Free Report) last released its earnings results on Tuesday, September 16th. The company reported GBX 12.66 earnings per share for the quarter. Springfield Properties had a net margin of 2.83% and a return on equity of 4.88%. On average, equities analysts expect that Springfield Properties PLC will post 8.1103001 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Sandy Adam sold 127,899 shares of Springfield Properties stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of GBX 119, for a total value of £152,199.81. Insiders sold 1,767,899 shares of company stock worth $204,099,981 over the last 90 days. 22.45% of the stock is currently owned by insiders.

About Springfield Properties

(Get Free Report)

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.

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