Secure Property Development & Investment (LON:SPDI) Stock Crosses Below 200-Day Moving Average – Here’s Why

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.26 ($0.05) and traded as low as GBX 4 ($0.05). Secure Property Development & Investment shares last traded at GBX 4.50 ($0.06), with a volume of 30,158 shares.

Secure Property Development & Investment Price Performance

The stock has a market capitalization of £5.17 million, a P/E ratio of 66.67 and a beta of 0.42. The company has a debt-to-equity ratio of 6.33, a quick ratio of 0.06 and a current ratio of 1.73. The firm has a 50-day moving average price of GBX 4.45 and a 200 day moving average price of GBX 4.26.

Secure Property Development & Investment Company Profile

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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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