MJ Gleeson plc (LON:GLE) Insider Graham Prothero Buys 40 Shares of Stock

MJ Gleeson plc (LON:GLE) insider Graham Prothero purchased 40 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was acquired at an average price of GBX 503 ($6.27) per share, for a total transaction of £201.20 ($251.00).

MJ Gleeson Trading Down 1.9 %

LON:GLE opened at GBX 497.50 ($6.21) on Wednesday. The business’s 50-day moving average is GBX 525.62 and its two-hundred day moving average is GBX 567.96. The firm has a market capitalization of £290.44 million, a PE ratio of 1,507.58 and a beta of 1.14. MJ Gleeson plc has a 12 month low of GBX 446 ($5.56) and a 12 month high of GBX 654 ($8.16). The company has a debt-to-equity ratio of 8.37, a current ratio of 5.79 and a quick ratio of 0.89.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 643 ($8.02) price objective on shares of MJ Gleeson in a research report on Wednesday, September 18th.

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.