Secure Property Development & Investment (LON:SPDI) Stock Price Down 12.3% – Here’s Why

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) shares traded down 12.3% during mid-day trading on Friday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.51 ($0.05). 100,000 shares traded hands during trading, a decline of 27% from the average session volume of 137,295 shares. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Stock Performance

The company has a debt-to-equity ratio of 5.28, a current ratio of 1.75 and a quick ratio of 0.06. The stock has a market cap of £5.44 million, a PE ratio of 0.74 and a beta of 0.42. The business has a 50 day moving average price of GBX 3.91 and a two-hundred day moving average price of GBX 4.21.

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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