Secure Property Development & Investment (LON:SPDI) Sets New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.64 ($0.05), with a volume of 123000 shares trading hands. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Stock Down 9.0 %

The company has a debt-to-equity ratio of 5.28, a quick ratio of 0.06 and a current ratio of 1.75. The company has a market capitalization of £5.64 million, a PE ratio of 0.77 and a beta of 0.42. The company’s 50-day moving average is GBX 3.93 and its 200 day moving average is GBX 4.23.

About Secure Property Development & Investment

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Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets.

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