Secure Property Development & Investment (LON:SPDI) Trading Up 28.6% – Should You Buy?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) shares were up 28.6% during mid-day trading on Monday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 192,417 shares were traded during trading, an increase of 40% from the average daily volume of 137,698 shares. The stock had previously closed at GBX 3.50 ($0.05).

Secure Property Development & Investment Stock Down 9.0 %

The firm’s fifty day simple moving average is GBX 3.93 and its 200-day simple moving average is GBX 4.22. The company has a market cap of £5.64 million, a PE ratio of 0.77 and a beta of 0.42. The company has a quick ratio of 0.06, a current ratio of 1.75 and a debt-to-equity ratio of 5.28.

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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