Innes Smith Sells 14,559 Shares of Springfield Properties PLC (LON:SPR) Stock

Springfield Properties PLC (LON:SPR) insider Innes Smith sold 14,559 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of GBX 98 ($1.28), for a total transaction of £14,267.82 ($18,672.71).

Innes Smith also recently made the following trade(s):

• On Wednesday, October 9th, Innes Smith bought 8,846 shares of Springfield Properties stock. The shares were acquired at an average cost of GBX 102 ($1.33) per share, with a total value of £9,022.92 ($11,808.56).

Springfield Properties Price Performance

LON:SPR opened at GBX 103.50 ($1.35) on Friday. The firm’s fifty day moving average is GBX 103.60 and its two-hundred day moving average is GBX 98.38. The firm has a market cap of £122.91 million, a price-to-earnings ratio of 1,725.00 and a beta of 1.42. The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.48 and a current ratio of 2.45. Springfield Properties PLC has a one year low of GBX 50 ($0.65) and a one year high of GBX 112 ($1.47).

Springfield Properties Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 7th will be paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a dividend yield of 0.96%. Springfield Properties’s payout ratio is 1,666.67%.

Springfield Properties Company Profile

Springfield Properties Plc, together with its subsidiaries, engages in the house building business in the United Kingdom. The company offers private, contract, and affordable housing, as well as provides development services to third party private organizations. It is also involved in hiring plants and machineries; property development activities; buying and selling real estate; manufacturing timber kits; and provision of management services.