Secure Property Development & Investment (LON:SPDI) Reaches New 12-Month Low – Here’s Why

Secure Property Development & Investment Plc (LON:SPDI)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 633000 shares changing hands. The stock had previously closed at GBX 3.50 ($0.05).

Secure Property Development & Investment Price Performance

The stock has a market cap of £5.43 million, a P/E ratio of 0.74 and a beta of 0.42. The company has a quick ratio of 0.06, a current ratio of 1.75 and a debt-to-equity ratio of 5.28. The business’s 50-day simple moving average is GBX 3.97 and its two-hundred day simple moving average is GBX 4.25.

Secure Property Development & Investment Company Profile

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.