Secure Property Development & Investment (LON:SPDI) Sets New 1-Year Low – Should You Sell?

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.50 ($0.04), with a volume of 395000 shares changing hands. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Stock Up 12.5 %

The company has a quick ratio of 0.06, a current ratio of 1.73 and a debt-to-equity ratio of 6.33. The firm has a market capitalization of £5.81 million, a P/E ratio of 75.00 and a beta of 0.42. The company has a fifty day simple moving average of GBX 4.20 and a 200 day simple moving average of GBX 4.26.

About Secure Property Development & Investment

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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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