Secure Property Development & Investment (LON:SPDI) Trading 12.5% Higher – Time to Buy?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report) traded up 12.5% during mid-day trading on Wednesday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). 28,173 shares were traded during trading, a decline of 81% from the average session volume of 146,060 shares. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Trading Up 12.5 %

The company has a market cap of £5.81 million, a price-to-earnings ratio of 75.00 and a beta of 0.42. The business’s 50 day moving average price is GBX 4.27 and its 200-day moving average price is GBX 4.26. The company has a current ratio of 1.73, a quick ratio of 0.06 and a debt-to-equity ratio of 6.33.

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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