Stefan Allanson Purchases 60 Shares of MJ Gleeson (LON:GLE) Stock

Key Points

• Stefan Allanson, an insider at MJ Gleeson plc, purchased 60 shares at an average price of GBX 334, totaling £200.40.
• The company's stock performance shows a market capitalization of £195.56 million with a 50-day moving average of GBX 358.53 and a 1-year high of GBX 654.
• MJ Gleeson operates in two divisions, including Gleeson Homes, which focuses on affordable housing in the Midlands and North of England, offering prices significantly lower than competitors.

MJ Gleeson plc (LON:GLE - Get Free Report) insider Stefan Allanson purchased 60 shares of the company's stock in a transaction dated Friday, September 5th. The shares were acquired at an average price of GBX 334 per share, with a total value of £200.40.

Stefan Allanson also recently made the following trade(s):

• On Monday, July 7th, Stefan Allanson purchased 54 shares of MJ Gleeson stock. The shares were acquired at an average price of GBX 367 per share, with a total value of £198.18.

MJ Gleeson Stock Performance

LON:GLE opened at GBX 335 on Tuesday. The business has a 50 day moving average of GBX 358.53 and a 200 day moving average of GBX 428.25. The company has a market capitalization of £195.56 million, a price-to-earnings ratio of 1,186.68 and a beta of 1.14. MJ Gleeson plc has a 1-year low of GBX 326 and a 1-year high of GBX 654. The company has a debt-to-equity ratio of 1.70, a current ratio of 5.79 and a quick ratio of 0.89.

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.

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