Shares of MJ Gleeson plc (LON:GLE - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 485.70 ($6.59) and traded as low as GBX 377 ($5.12). MJ Gleeson shares last traded at GBX 380 ($5.16), with a volume of 1,500,772 shares trading hands.
MJ Gleeson Stock Performance
The business's 50-day moving average price is GBX 477.10 and its 200-day moving average price is GBX 483.44. The firm has a market capitalization of £233.45 million, a PE ratio of 12.08 and a beta of 1.14. The company has a debt-to-equity ratio of 1.70, a current ratio of 5.79 and a quick ratio of 0.89.
Insider Buying and Selling
In related news, insider Fiona Clare Goldsmith acquired 5,000 shares of MJ Gleeson stock in a transaction on Wednesday, June 11th. The stock was purchased at an average cost of GBX 397 ($5.39) per share, with a total value of £19,850 ($26,951.80). Also, insider Graham Prothero acquired 7,692 shares of the firm's stock in a transaction on Wednesday, June 4th. The shares were bought at an average cost of GBX 390 ($5.30) per share, with a total value of £29,998.80 ($40,731.57). 16.85% of the stock is owned by company insiders.
MJ Gleeson Company Profile
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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.
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