Springfield Properties (LON:SPR) Shares Up 0.5% - Here's What Happened

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

Springfield Properties Stock Performance

The firm has a market cap of £115.31 million, a P/E ratio of 15.24 and a beta of 1.42. The stock's 50 day moving average is GBX 95.37 and its two-hundred day moving average is GBX 93.72. The company has a debt-to-equity ratio of 38.16, a current ratio of 2.45 and a quick ratio of 0.48.

Insiders Place Their Bets

In related news, insider Sandy Adam purchased 25,000 shares of the stock in a transaction on Thursday, May 22nd. The shares were purchased at an average cost of GBX 95 ($1.28) per share, for a total transaction of £23,750 ($31,883.47). Corporate insiders own 36.20% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.