MJ Gleeson (LON:GLE) Insider Leanne Johnson Acquires 57 Shares

MJ Gleeson plc (LON:GLE) insider Leanne Johnson purchased 57 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average price of GBX 349 per share, with a total value of £198.93.

Leanne Johnson also recently made the following trade(s):

• On Monday, October 6th, Leanne Johnson bought 52 shares of MJ Gleeson stock. The stock was bought at an average price of GBX 378 per share, with a total value of £196.56.

MJ Gleeson Stock Performance

GLE stock traded down GBX 2 during midday trading on Thursday, reaching GBX 348. The company had a trading volume of 350,959 shares, compared to its average volume of 149,381. The stock has a 50 day moving average price of GBX 359.39 and a 200 day moving average price of GBX 397.73. The firm has a market capitalization of £203.14 million, a PE ratio of 12.84 and a beta of 1.14. The company has a quick ratio of 0.89, a current ratio of 5.79 and a debt-to-equity ratio of 1.70. MJ Gleeson plc has a fifty-two week low of GBX 320 and a fifty-two week high of GBX 589.

MJ Gleeson (LON:GLE) last released its quarterly earnings results on Tuesday, September 16th. The company reported GBX 28.88 earnings per share for the quarter. MJ Gleeson had a return on equity of 6.60% and a net margin of 5.59%. Analysts anticipate that MJ Gleeson plc will post 35.1412429 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 500 target price on shares of MJ Gleeson in a report on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, MJ Gleeson currently has an average rating of “Buy” and an average target price of GBX 500.

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.