Springfield Properties (LON:SPR) Stock Price Up 2.5% - Here's What Happened

Key Points

• Shares rose 2.5% to GBX 111.25 on Tuesday, with 263,282 shares traded — a 38% jump versus average session volume.
• The company has a market cap of £132.55 million and a P/E of 9.78; last quarter EPS was GBX 2.61 and analysts forecast about 8.11 EPS for the year, with a net margin of 5.03% and ROE of 8.30%.
• Insider Innes Smith sold 100,000 shares at GBX 133 in January, while corporate insiders still own 22.35% of the company.

Springfield Properties PLC (LON:SPR - Get Free Report) traded up 2.5% on Tuesday . The company traded as high as GBX 113 and last traded at GBX 111.25. 263,282 shares were traded during mid-day trading, an increase of 38% from the average session volume of 191,214 shares. The stock had previously closed at GBX 108.50.

Springfield Properties Price Performance

The firm has a 50 day moving average of GBX 129.10 and a 200-day moving average of GBX 116.95. The company has a market cap of £132.55 million, a P/E ratio of 9.78 and a beta of 1.10. The company has a current ratio of 3.80, a quick ratio of 0.48 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%. On average, equities research analysts predict that Springfield Properties PLC will post 8.1103001 EPS for the current year.

Insider Activity at Springfield Properties

In related news, insider Innes Smith sold 100,000 shares of the business's stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of GBX 133, for a total value of £133,000. Corporate insiders own 22.35% of the company's stock.

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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