Secure Property Development & Investment (LON:SPDI) Trading 28.6% Higher – Here’s What Happened

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) rose 28.6% during mid-day trading on Monday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 192,417 shares traded hands during mid-day trading, an increase of 40% from the average daily volume of 137,698 shares. The stock had previously closed at GBX 3.50 ($0.05).

Secure Property Development & Investment Stock Down 9.0 %

The company has a current ratio of 1.75, a quick ratio of 0.06 and a debt-to-equity ratio of 5.28. The firm’s 50 day simple moving average is GBX 3.93 and its 200-day simple moving average is GBX 4.22. The company has a market capitalization of £5.64 million, a price-to-earnings ratio of 0.77 and a beta of 0.42.

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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