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

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.50 ($0.04), with a volume of 395000 shares. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Trading Down 12.5 %

The company has a current ratio of 1.73, a quick ratio of 0.06 and a debt-to-equity ratio of 6.33. The stock has a market capitalization of £4.52 million, a P/E ratio of 58.33 and a beta of 0.42. The business’s fifty day simple moving average is GBX 4.22 and its two-hundred day simple moving average is GBX 4.26.

About Secure Property Development & Investment

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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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