Springfield Properties (LON:SPR) Trading Up 10.5% – Time to Buy?

Shares of Springfield Properties PLC (LON:SPR) traded up 10.5% during mid-day trading on Monday . The company traded as high as GBX 113 ($1.43) and last traded at GBX 108.75 ($1.37). 228,475 shares traded hands during mid-day trading, an increase of 44% from the average session volume of 159,075 shares. The stock had previously closed at GBX 98.40 ($1.24).

Springfield Properties Trading Down 0.5 %

The stock has a market capitalization of £114.71 million, a PE ratio of 15.16 and a beta of 1.42. The company has a current ratio of 2.45, a quick ratio of 0.48 and a debt-to-equity ratio of 38.16. The stock has a 50 day moving average price of GBX 92.86 and a 200-day moving average price of GBX 97.27.

Springfield Properties (LON:SPR) last released its quarterly earnings results on Monday, February 17th. The company reported GBX 2.46 ($0.03) earnings per share (EPS) for the quarter. Springfield Properties had a return on equity of 4.88% and a net margin of 2.83%. Sell-side analysts expect that Springfield Properties PLC will post 8.1103001 earnings per share for the current year.

Insider Transactions at Springfield Properties

In other Springfield Properties news, insider Innes Smith sold 85,585 shares of the firm’s stock in a transaction dated Monday, February 17th. The stock was sold at an average price of GBX 107 ($1.35), for a total transaction of £91,575.95 ($115,524.09). Company insiders own 36.20% of the company’s stock.

About Springfield Properties

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.