MJ Gleeson (LON:GLE) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

MJ Gleeson plc (LON:GLE - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 500.68 ($6.60) and traded as high as GBX 526 ($6.93). MJ Gleeson shares last traded at GBX 520 ($6.85), with a volume of 27,188 shares.

MJ Gleeson Stock Up 0.4%

The business has a 50-day moving average price of GBX 477.39 and a 200-day moving average price of GBX 498.67. The company has a quick ratio of 0.89, a current ratio of 5.79 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of £309.66 million, a PE ratio of 16.03 and a beta of 1.14.

MJ Gleeson (LON:GLE - Get Free Report) last issued its quarterly earnings data 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%. Equities research analysts forecast that MJ Gleeson plc will post 35.1412429 earnings per share for the current fiscal 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 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.