Springfield Properties (LON:SPR) Stock Price Up 0.6% – Still a Buy?

Springfield Properties PLC (LON:SPR)’s share price was up 0.6% during trading on Tuesday . The company traded as high as GBX 89.50 ($1.14) and last traded at GBX 89.50 ($1.14). Approximately 169,940 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 118,371 shares. The stock had previously closed at GBX 89 ($1.13).

Springfield Properties Stock Up 0.6 %

The company has a debt-to-equity ratio of 38.16, a current ratio of 2.45 and a quick ratio of 0.48. The stock has a market cap of £106.28 million, a PE ratio of 1,491.67 and a beta of 1.42. The company has a 50 day moving average price of GBX 94.95 and a two-hundred day moving average price of GBX 98.20.

Insider Buying and Selling

In related news, insider Innes Smith sold 14,559 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of GBX 98 ($1.25), for a total value of £14,267.82 ($18,138.60). Also, insider Iain Logan purchased 5,064 shares of the stock in a transaction dated Monday, October 14th. The shares were purchased at an average cost of GBX 103 ($1.31) per share, for a total transaction of £5,215.92 ($6,630.97). 36.20% of the stock is owned by corporate insiders.

About Springfield Properties

Springfield Properties Plc, together with its subsidiaries, engages in the house building business in the United Kingdom. The company offers private, contract, and affordable housing, as well as provides development services to third party private organizations. It is also involved in hiring plants and machineries; property development activities; buying and selling real estate; manufacturing timber kits; and provision of management services.