MJ Gleeson plc (LON:GLE) Insider Acquires £40,019.80 in Stock

MJ Gleeson plc (LON:GLE) insider Graham Prothero bought 8,020 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were purchased at an average cost of GBX 499 ($6.27) per share, with a total value of £40,019.80 ($50,295.09).

Graham Prothero also recently made the following trade(s):

• On Monday, January 6th, Graham Prothero purchased 40 shares of MJ Gleeson stock. The stock was bought at an average price of GBX 503 ($6.32) per share, with a total value of £201.20 ($252.86).

MJ Gleeson Trading Up 0.5 %

LON:GLE opened at GBX 478.50 ($6.01) on Friday. The company has a quick ratio of 0.89, a current ratio of 5.79 and a debt-to-equity ratio of 1.70. MJ Gleeson plc has a 1-year low of GBX 439.50 ($5.52) and a 1-year high of GBX 654 ($8.22). The firm has a market capitalization of £289.40 million, a price-to-earnings ratio of 14.98 and a beta of 1.14. The stock has a fifty day simple moving average of GBX 494.07 and a 200 day simple moving average of GBX 552.20.

MJ Gleeson (LON:GLE) last released its quarterly earnings results on Tuesday, February 11th. The company reported GBX 4.80 ($0.06) earnings per share for the quarter. MJ Gleeson had a return on equity of 6.60% and a net margin of 5.59%. Sell-side analysts forecast that MJ Gleeson plc will post 35.1412429 earnings per share for the current year.

MJ Gleeson Company Profile

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.

Gleeson Homes is the leading low-cost, affordable housebuilder. Its two-bedroom homes start from circa £100,000. Gleeson’s vision is “Building Homes. Changing Lives”, prioritising areas where people need affordable housing the most.