Secure Property Development & Investment (LON:SPDI) Reaches New 12-Month Low – Time to Sell?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.50 ($0.04), with a volume of 1198245 shares. The stock had previously closed at GBX 4.50 ($0.06).

Secure Property Development & Investment Trading Down 22.2 %

The company has a quick ratio of 0.06, a current ratio of 1.75 and a debt-to-equity ratio of 5.28. The company has a market capitalization of £5.43 million, a PE ratio of 0.74 and a beta of 0.42. The firm’s 50 day simple moving average is GBX 4.14 and its 200-day simple moving average is GBX 4.29.

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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