Secure Property Development & Investment (LON:SPDI) Shares Cross Above 50 Day Moving Average – Should You Sell?

Secure Property Development & Investment Plc (LON:SPDIGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 4.16 ($0.05) and traded as high as GBX 4.50 ($0.06). Secure Property Development & Investment shares last traded at GBX 4 ($0.05), with a volume of 912,000 shares.

Secure Property Development & Investment Stock Performance

The firm’s 50 day moving average price is GBX 4.16 and its 200-day moving average price is GBX 4.29. The firm has a market cap of £6.20 million, a price-to-earnings ratio of 0.85 and a beta of 0.42. The company has a debt-to-equity ratio of 5.28, a current ratio of 1.75 and a quick ratio of 0.06.

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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