Springfield Properties (LON:SPR) Stock Price Up 2.5% - Time to Buy?

Shares of Springfield Properties PLC (LON:SPR - Get Free Report) traded up 2.5% during mid-day trading on Tuesday . The stock traded as high as GBX 105 ($1.43) and last traded at GBX 103 ($1.40). 188,986 shares were traded during trading, an increase of 5% from the average session volume of 179,359 shares. The stock had previously closed at GBX 100.50 ($1.37).

Springfield Properties Stock Performance

The firm has a market capitalization of £121.25 million, a PE ratio of 16.02 and a beta of 1.42. The firm's 50 day moving average price is GBX 97.27 and its 200-day moving average price is GBX 94.86. The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.48 and a current ratio of 2.45.

Insiders Place Their Bets

In related news, insider Sandy Adam purchased 25,000 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were purchased at an average cost of GBX 95 ($1.29) per share, with a total value of £23,750 ($32,286.57). 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.