Glenveagh Properties (LON:GLV) Shares Down 0.7% - Should You Sell?

Key Points

• Glenveagh Properties PLC shares fell by 0.7% during mid-day trading, with the stock trading as low as GBX 1.86 ($0.02) before closing at GBX 1.89 ($0.03).
• The company, a leading Irish homebuilder, has a market cap of £10.08 million and significant financial metrics, including a PE ratio of 11.17.
• Trading activity increased by 140% compared to the average session volume, indicating heightened market interest in the stock.

Glenveagh Properties PLC (LON:GLV - ) shares traded down 0.7% during mid-day trading on Thursday . The stock traded as low as GBX 1.86 ($0.02) and last traded at GBX 1.89 ($0.03). 191,316 shares traded hands during trading, an increase of 140% from the average session volume of 79,872 shares. The stock had previously closed at GBX 1.90 ($0.03).

Glenveagh Properties Stock Down 0.7%

The company has a quick ratio of 1.59, a current ratio of 6.27 and a debt-to-equity ratio of 17.86. The firm has a market cap of £10.08 million, a PE ratio of 11.17 and a beta of 1.15. The firm's 50 day moving average is GBX 1.92 and its 200-day moving average is GBX 1.75.

Glenveagh Properties Company Profile

Glenveagh Properties plc, listed on Euronext Dublin and the London Stock Exchange, is a leading Irish homebuilder. Supported by innovation and supply chain integration, Glenveagh are committed to opening access to sustainable high-quality homes to as many people as possible in flourishing communities across Ireland.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.