Secure Property Development & Investment (LON:SPDI) Reaches New 52-Week Low – What’s Next?

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

Secure Property Development & Investment Trading Down 22.2 %

The company has a debt-to-equity ratio of 5.28, a quick ratio of 0.06 and a current ratio of 1.75. The stock has a market capitalization of £5.43 million, a P/E ratio of 0.74 and a beta of 0.42. The business has a 50 day simple moving average of GBX 4.14 and a 200-day simple moving average of GBX 4.29.

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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