Secure Property Development & Investment (LON:SPDI) Stock Price Down 12.5% – Here’s Why

Secure Property Development & Investment Plc (LON:SPDI) traded down 12.5% on Monday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). 180,000 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 136,517 shares. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Price Performance

The company has a debt-to-equity ratio of 5.28, a current ratio of 1.75 and a quick ratio of 0.06. The stock has a 50 day moving average price of GBX 4.02 and a two-hundred day moving average price of GBX 4.27. The firm has a market capitalization of £5.43 million, a price-to-earnings ratio of 0.74 and a beta of 0.42.

Secure Property Development & Investment Company Profile

Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets.