MJ Gleeson (LON:GLE) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?
by Renee Jackson · The Cerbat GemMJ Gleeson plc (LON:GLE – Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 343.70 and traded as low as GBX 230. MJ Gleeson shares last traded at GBX 244, with a volume of 529,105 shares.
MJ Gleeson Trading Down 1.6%
The stock has a market capitalization of £140.01 million, a P/E ratio of 9.78 and a beta of 0.59. The company has a current ratio of 3.87, a quick ratio of 0.89 and a debt-to-equity ratio of 7.86. The stock’s fifty day moving average price is GBX 266.53 and its two-hundred day moving average price is GBX 342.98.
MJ Gleeson (LON:GLE – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported GBX 2.65 earnings per share for the quarter. MJ Gleeson had a net margin of 3.76% and a return on equity of 4.67%. Equities research analysts forecast that MJ Gleeson plc will post 35.1412429 EPS for the current year.
Insider Buying and Selling at MJ Gleeson
In other MJ Gleeson news, insider Fiona Clare Goldsmith acquired 3,000 shares of the stock in a transaction dated Thursday, May 7th. The stock was purchased at an average cost of GBX 244 per share, for a total transaction of £7,320. In the last three months, insiders have purchased 3,203 shares of company stock valued at $791,977. Insiders own 13.26% of the company’s stock.
MJ Gleeson Company Profile
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes, under the banner of “Building Homes. Changing Lives” builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage.