Secure Property Development & Investment (LON:SPDI) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 4.16 ($0.05) and traded as high as GBX 4.50 ($0.06). Secure Property Development & Investment shares last traded at GBX 4 ($0.05), with a volume of 912,000 shares.

Secure Property Development & Investment Stock Performance

The stock has a market cap of £6.20 million, a PE ratio of 0.85 and a beta of 0.42. The stock has a fifty day simple moving average of GBX 4.16 and a two-hundred day simple moving average of GBX 4.29. The company has a debt-to-equity ratio of 5.28, a quick ratio of 0.06 and a current ratio of 1.75.

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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