Secure Property Development & Investment (LON:SPDI) Trading Down 3.8%

Secure Property Development & Investment Plc (LON:SPDI – Get Rating)’s share price dropped 3.8% on Monday . The stock traded as low as GBX 6.01 ($0.07) and last traded at GBX 6.01 ($0.07). Approximately 2,098 shares were traded during trading, a decline of 96% from the average daily volume of 57,430 shares. The stock had previously closed at GBX 6.25 ($0.08).
The company has a 50-day simple moving average of GBX 6.22 and a two-hundred day simple moving average of GBX 6.81. The company has a debt-to-equity ratio of 10.16, a quick ratio of 0.03 and a current ratio of 2.13. The firm has a market capitalization of £7.76 million and a P/E ratio of -2.00.
About Secure Property Development & Investment (LON:SPDI)
SPDI is a London listed property company focused on Emerging Europe (Romania, Bulgaria, Greece, Serbia) with a growing portfolio of prime commercial properties let to blue chip clients on long leases, which generates high yields and offers significant potential for capital growth thanks to highly favourable macro and regional property market fundamentals.
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