Springfield Properties (LON:SPR) Stock Jumps 0.9% – Time to Buy?

Springfield Properties PLC (LON:SPR) shares rose 0.9% during mid-day trading on Wednesday. The company traded as high as GBX 115 and last traded at GBX 114.58. Approximately 17,375 shares changed hands during trading, a decline of 91% from the average daily volume of 183,491 shares. The stock had previously closed at GBX 113.50.

Springfield Properties Trading Up 1.3%

The business’s 50-day moving average price is GBX 111.68 and its 200 day moving average price is GBX 110.03. The company has a debt-to-equity ratio of 15.59, a current ratio of 3.31 and a quick ratio of 0.48. The firm has a market capitalization of £136.17 million, a price-to-earnings ratio of 15.28 and a beta of 1.07.

Springfield Properties (LON:SPR) last announced its earnings results on Tuesday, September 15th. The company reported GBX 8.51 earnings per share for the quarter. Springfield Properties had a net margin of 3.87% and a return on equity of 5.37%. On average, equities analysts forecast that Springfield Properties PLC will post 8.11 earnings per share for the current fiscal year.

Springfield Properties Company Profile

The Springfield Group is one of the largest homebuilders in Scotland. Made up of six well-established and respected brands –Springfield Properties, Springfield Partnerships, Dawn Homes, Walker Group, Tulloch Homes and Mactaggart & Mickel Homes – we deliver high quality, energy efficient homes across multiple tenures for people that need them.

With a focus on sustainable and quality homes, the customer is at the heart of what we do.