Springfield Properties (LON:SPR) Hits New 1-Year High – Time to Buy?

Springfield Properties PLC (LON:SPR) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 128 and last traded at GBX 124.19, with a volume of 350527 shares. The stock had previously closed at GBX 122.

Springfield Properties Price Performance

The business has a 50 day simple moving average of GBX 114.34 and a 200-day simple moving average of GBX 104.52. The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.48 and a current ratio of 2.45. The stock has a market cap of £147.84 million, a P/E ratio of 11.01 and a beta of 1.42.

Springfield Properties (LON:SPR) last posted its quarterly earnings results on Tuesday, September 16th. The company reported GBX 12.66 EPS for the quarter. Springfield Properties had a return on equity of 4.88% and a net margin of 2.83%. On average, sell-side analysts forecast that Springfield Properties PLC will post 8.1103001 EPS for the current year.

Insider Activity

In related news, insider Sandy Adam sold 1,000,000 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of GBX 115, for a total transaction of £1,150,000. In the last three months, insiders sold 1,767,899 shares of company stock valued at $204,099,981. 22.45% of the stock is currently owned by corporate insiders.

About Springfield Properties

The Springfield Group is one of the largest homebuilders in Scotland. Made up of six well-established and respected brands –Springfield Properties, Springfield Partnerships, Dawn Homes, Walker Group, Tulloch Homes and Mactaggart & Mickel Homes – we deliver high quality, energy efficient homes across multiple tenures for people that need them.