Glenveagh Properties (LON:GLV) Reaches New 12-Month High – Here’s Why

Glenveagh Properties PLC (LON:GLV) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2 and last traded at GBX 1.98, with a volume of 40601 shares trading hands. The stock had previously closed at GBX 2.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded Glenveagh Properties to a “buy” rating in a report on Friday, September 26th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Glenveagh Properties has an average rating of “Buy”.

Glenveagh Properties Price Performance

The company has a debt-to-equity ratio of 17.86, a current ratio of 6.27 and a quick ratio of 1.59. The firm has a market capitalization of £10.28 million, a P/E ratio of 0.09 and a beta of 1.15. The company’s 50 day moving average price is GBX 1.91 and its 200 day moving average price is GBX 1.90.

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. We are focused on three core markets – suburban housing, urban apartments and partnerships with local authorities and state agencies.