Secure Property Development & Investment (LON:SPDI) Stock Price Down 12.5% – Here’s Why

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) dropped 12.5% during mid-day trading on Monday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). Approximately 180,000 shares traded hands during trading, an increase of 32% from the average daily volume of 136,517 shares. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Price Performance

The company has a market capitalization of £5.43 million, a PE ratio of 0.74 and a beta of 0.42. The company has a current ratio of 1.75, a quick ratio of 0.06 and a debt-to-equity ratio of 5.28. The stock has a fifty day simple moving average of GBX 4.02 and a 200-day simple moving average of GBX 4.27.

About Secure Property Development & Investment

(Get Free Report)

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.

See Also

Receive News & Ratings for Secure Property Development & Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Property Development & Investment and related companies with MarketBeat.com's FREE daily email newsletter.