MJ Gleeson plc (LON:GLE - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 459.12 ($6.17) and traded as low as GBX 363.47 ($4.88). MJ Gleeson shares last traded at GBX 367 ($4.93), with a volume of 581,235 shares changing hands.
MJ Gleeson Price Performance
The firm has a market cap of £226.20 million, a P/E ratio of 11.71 and a beta of 1.14. The business's fifty day simple moving average is GBX 410.65 and its 200-day simple moving average is GBX 456.42. The company has a current ratio of 5.79, a quick ratio of 0.89 and a debt-to-equity ratio of 1.70.
Insider Buying and Selling
In other MJ Gleeson news, insider Nicola Bruce bought 2,721 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The shares were bought at an average price of GBX 370 ($4.97) per share, for a total transaction of £10,067.70 ($13,528.22). Also, insider Graham Prothero bought 7,692 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were bought at an average price of GBX 390 ($5.24) per share, with a total value of £29,998.80 ($40,310.13). Over the last ninety days, insiders purchased 15,575 shares of company stock worth $6,051,104. Corporate insiders own 16.85% of the company's stock.
MJ Gleeson Company Profile
(
Get Free Report)
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes is the leading low-cost, affordable housebuilder with the vision of "Building Homes. Changing Lives." Focusing on areas where affordable housing is most needed in the Midlands and North of England, Gleeson Homes' average selling price was £193,900, 34% lower than other housebuilders average selling price of £291,700 in the same geographic regions.
See Also
Before you consider MJ Gleeson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MJ Gleeson wasn't on the list.
While MJ Gleeson currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access