St. Modwen Properties (SMP) Hits New 12-Month High at $432.00

Shares of St. Modwen Properties plc (LON:SMP) reached a new 52-week high on Monday . The company traded as high as GBX 432 ($5.64) and last traded at GBX 428.50 ($5.60), with a volume of 31222 shares traded. The stock had previously closed at GBX 427.50 ($5.59).

SMP has been the topic of a number of recent research reports. Liberum Capital reaffirmed a “buy” rating on shares of St. Modwen Properties in a research report on Tuesday, March 12th. Peel Hunt reaffirmed a “hold” rating on shares of St. Modwen Properties in a research report on Tuesday, May 14th.

The firm has a market cap of $961.39 million and a P/E ratio of 16.98. The company has a debt-to-equity ratio of 29.91, a current ratio of 1.91 and a quick ratio of 0.45.

In related news, insider Mark Allan sold 35,964 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of GBX 418 ($5.46), for a total value of £150,329.52 ($196,432.14).

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About St. Modwen Properties (LON:SMP)

St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom. It develops land for residential, employment, leisure, retail, and education purposes, as well as uses green infrastructure and community facilities; and industrial and logistics projects.

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