Springfield Properties (LON:SPR) Shares Down 1.2% - Here's Why

Key Points

• Shares down 1.2% — Springfield traded as low as GBX 104 and last at GBX 104.75 on Tuesday, with 99,958 shares changing hands (down 49% from the average session volume).
• Valuation and recent results — Market cap £124.81M, P/E 9.21, 50‑/200‑day SMAs at GBX 121.88/118.21 (both above the current price); last quarter EPS GBX 2.61, net margin 5.03% and ROE 8.30%, with analysts forecasting ~GBX 8.11 EPS for the year.
• Insider selling — Director Innes Smith sold 100,000 shares on Jan 6 at GBX 133 (insiders collectively own 22.35% of the company).

Shares of Springfield Properties PLC (LON:SPR - Get Free Report) traded down 1.2% during trading on Tuesday . The company traded as low as GBX 104 and last traded at GBX 104.75. 99,958 shares traded hands during trading, a decline of 49% from the average session volume of 195,937 shares. The stock had previously closed at GBX 106.

Springfield Properties Price Performance

The company has a 50 day simple moving average of GBX 121.88 and a 200 day simple moving average of GBX 118.21. The company has a market capitalization of £124.81 million, a price-to-earnings ratio of 9.21 and a beta of 1.10. The company has a quick ratio of 0.48, a current ratio of 3.80 and a debt-to-equity ratio of 34.45.

Springfield Properties (LON:SPR - Get Free Report) last posted its earnings results on Tuesday, February 17th. The company reported GBX 2.61 earnings per share for the quarter. Springfield Properties had a net margin of 5.03% and a return on equity of 8.30%. As a group, research analysts predict that Springfield Properties PLC will post 8.1103001 EPS for the current year.

Insider Activity

In related news, insider Innes Smith sold 100,000 shares of the firm's stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of GBX 133, for a total transaction of £133,000. 22.35% of the stock is owned by corporate insiders.

Springfield Properties Company Profile

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. With a focus on sustainable and quality homes, the customer is at the heart of what we do.

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