Secure Property Development & Investment (LON:SPDI) Shares Down 14.3% – What’s Next?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report)’s stock price dropped 14.3% during mid-day trading on Monday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). Approximately 55,000 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 132,268 shares. The stock had previously closed at GBX 3.50 ($0.05).

Secure Property Development & Investment Price Performance

The company has a quick ratio of 0.06, a current ratio of 1.75 and a debt-to-equity ratio of 5.28. The stock has a market cap of £4.71 million, a price-to-earnings ratio of 0.64 and a beta of 0.42. The company’s 50-day moving average is GBX 3.56 and its 200-day moving average is GBX 4.02.

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.

Further Reading

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