Springfield Properties (LON:SPR) Trading 2.5% Higher - What's Next?

Springfield Properties PLC (LON:SPR - Get Free Report) shot up 2.5% during mid-day trading on Tuesday . The stock traded as high as GBX 105 ($1.42) and last traded at GBX 103 ($1.39). 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 ($1.36).

Springfield Properties Stock Down 1.2%

The stock has a market capitalization of £118.04 million, a PE ratio of 15.60 and a beta of 1.42. The firm's fifty day moving average is GBX 97.68 and its 200-day moving average is GBX 95.03. The company has a quick ratio of 0.48, a current ratio of 2.45 and a debt-to-equity ratio of 38.16.

Insider Transactions at Springfield Properties

In other news, insider Sandy Adam purchased 25,000 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average cost of GBX 95 ($1.28) per share, with a total value of £23,750 ($32,038.31). 36.20% 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.