Secure Property Development & Investment (LON:SPDI) Stock Crosses Below 200-Day Moving Average – Here’s Why

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.26 ($0.05) and traded as low as GBX 4 ($0.05). Secure Property Development & Investment shares last traded at GBX 4.50 ($0.06), with a volume of 30,158 shares.

Secure Property Development & Investment Stock Performance

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 firm has a market cap of £5.17 million, a P/E ratio of 66.67 and a beta of 0.42. The firm has a 50 day simple moving average of GBX 4.45 and a 200 day simple moving average of GBX 4.26.

About Secure Property Development & Investment

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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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