Springfield Properties (LON:SPR) Shares Up 0.5% - Should You Buy?

Springfield Properties PLC (LON:SPR - Get Free Report) shares rose 0.5% during trading on Tuesday . The stock traded as high as GBX 99 ($1.33) and last traded at GBX 97 ($1.30). Approximately 380,233 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 186,420 shares. The stock had previously closed at GBX 96.50 ($1.30).

Springfield Properties Trading Up 0.3%

The stock has a market capitalization of £116.20 million, a P/E ratio of 15.36 and a beta of 1.42. The company has a current ratio of 2.45, a quick ratio of 0.48 and a debt-to-equity ratio of 38.16. The company has a 50-day moving average price of GBX 95.97 and a 200 day moving average price of GBX 93.84.

Insider Activity at Springfield Properties

In other Springfield Properties news, insider Sandy Adam bought 25,000 shares of Springfield Properties stock in a transaction that occurred on Thursday, May 22nd. The shares were bought at an average cost of GBX 95 ($1.28) per share, with a total value of £23,750 ($31,939.21). 36.20% 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.