MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages in the house building activities in the north of England and Midlands; and sale of land in the south of England. The company was incorporated in 2014 and is headquartered in Sheffield, the United Kingdom.
MJ Gleeson Stock Performance
LON:GLE remained flat at GBX 530 ($6.40) during mid-day trading on Friday. The company had a trading volume of 4,650 shares, compared to its average volume of 46,620. The stock has a fifty day moving average of GBX 529.19 and a two-hundred day moving average of GBX 594.88. MJ Gleeson has a 12 month low of GBX 490 ($5.92) and a 12 month high of GBX 862.22 ($10.42). The company has a market cap of £309.02 million and a P/E ratio of 841.27. The company has a quick ratio of 1.04, a current ratio of 5.08 and a debt-to-equity ratio of 1.18.
Analyst Ratings Changes
Separately, Liberum Capital restated a "buy" rating and set a GBX 900 ($10.87) price objective on shares of MJ Gleeson in a report on Wednesday, May 25th.
Insider Activity at MJ Gleeson
In other MJ Gleeson news, insider Christopher H. B. Mills bought 500,000 shares of MJ Gleeson stock in a transaction that occurred on Thursday, July 28th. The shares were bought at an average cost of GBX 515 ($6.22) per share, with a total value of £2,575,000 ($3,111,406.48). In other news, insider James Thomson acquired 10,000 shares of the business's stock in a transaction dated Wednesday, July 13th. The shares were acquired at an average cost of GBX 520 ($6.28) per share, with a total value of £52,000 ($62,832.29). Also, insider Christopher H. B. Mills acquired 500,000 shares of the business's stock in a transaction dated Thursday, July 28th. The stock was purchased at an average cost of GBX 515 ($6.22) per share, for a total transaction of £2,575,000 ($3,111,406.48). Insiders have acquired 510,037 shares of company stock valued at $262,719,610 in the last ninety days.