Glenveagh Properties (LON:GLV) Stock Price Down 1.2% – Here’s Why

Glenveagh Properties PLC (LON:GLV)’s share price traded down 1.2% on Friday . The company traded as low as GBX 1.83 and last traded at GBX 1.83. 1,201 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 72,394 shares. The stock had previously closed at GBX 1.85.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised shares of Glenveagh Properties to a “buy” rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Glenveagh Properties Stock Down 1.2%

The firm has a 50-day moving average price of GBX 1.89 and a two-hundred day moving average price of GBX 1.82. The company has a market capitalization of £9.57 million, a P/E ratio of 0.08 and a beta of 1.15. The company has a quick ratio of 1.59, a current ratio of 6.27 and a debt-to-equity ratio of 17.86.

About Glenveagh Properties

Glenveagh Properties plc, listed on Euronext Dublin and the London Stock Exchange, is a leading Irish
homebuilder.
Supported by innovation and supply chain integration, Glenveagh are committed to opening access to sustainable high-quality homes to as many people as possible in flourishing communities across Ireland.