Secure Property Development & Investment (LON:SPDI) Hits New 52-Week Low – What’s Next?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.50 ($0.04), with a volume of 86503 shares. The stock had previously closed at GBX 3.75 ($0.05).

Secure Property Development & Investment Trading Down 6.7 %

The company’s 50 day moving average price is GBX 4.09 and its 200 day moving average price is GBX 4.28. The company has a market cap of £5.43 million, a price-to-earnings ratio of 0.74 and a beta of 0.42. The company has a debt-to-equity ratio of 5.28, a quick ratio of 0.06 and a current ratio of 1.75.

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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