Secure Property Development & Investment (LON:SPDI) Sets New 1-Year High – Here’s Why

Secure Property Development & Investment Plc (LON:SPDIGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 5 ($0.06) and last traded at GBX 4 ($0.05), with a volume of 32549 shares. The stock had previously closed at GBX 4.50 ($0.06).

Secure Property Development & Investment Stock Performance

The stock’s 50-day simple moving average is GBX 4.53 and its 200 day simple moving average is GBX 4.25. The company has a quick ratio of 0.06, a current ratio of 1.73 and a debt-to-equity ratio of 6.33. The stock has a market capitalization of £5.17 million, a price-to-earnings ratio of 66.67 and a beta of 0.42.

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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