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

Shares of Secure Property Development & Investment Plc (LON:SPDIGet Free Report) 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 3.64 ($0.05), with a volume of 178025 shares traded. The stock had previously closed at GBX 4 ($0.05).

Secure Property Development & Investment Stock Down 6.4 %

The company has a 50 day moving average of GBX 3.81 and a 200-day moving average of GBX 4.15. The company has a debt-to-equity ratio of 5.28, a current ratio of 1.75 and a quick ratio of 0.06. The company has a market cap of £5.44 million, a P/E ratio of 0.74 and a beta of 0.42.

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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