Secure Property Development & Investment (LON:SPDI) Reaches New 1-Year High – Here’s Why

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4 ($0.05), with a volume of 32549 shares changing hands. The stock had previously closed at GBX 4.50 ($0.06).

Secure Property Development & Investment Trading Down 11.1 %

The company has a debt-to-equity ratio of 6.33, a quick ratio of 0.06 and a current ratio of 1.73. The business has a fifty day moving average of GBX 4.53 and a two-hundred day moving average of GBX 4.25. The firm has a market cap of £5.17 million, a price-to-earnings ratio of 66.67 and a beta of 0.42.

Secure Property Development & Investment Company Profile

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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.

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