Insider Buying: MJ Gleeson plc (LON:GLE) Insider Acquires 40 Shares of Stock

MJ Gleeson plc (LON:GLE - Get Free Report) insider Graham Prothero bought 40 shares of MJ Gleeson stock in a transaction dated Monday, January 6th. The shares were acquired at an average price of GBX 503 ($6.27) per share, with a total value of £201.20 ($251.00).

MJ Gleeson Price Performance

Shares of GLE opened at GBX 497.50 ($6.21) on Wednesday. MJ Gleeson plc has a 12 month low of GBX 446 ($5.56) and a 12 month high of GBX 654 ($8.16). The company has a debt-to-equity ratio of 8.37, a current ratio of 5.79 and a quick ratio of 0.89. The stock has a fifty day moving average price of GBX 525.62 and a 200 day moving average price of GBX 567.96. The company has a market cap of £290.44 million, a P/E ratio of 1,507.58 and a beta of 1.14.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 643 ($8.02) price objective on shares of MJ Gleeson in a report on Wednesday, September 18th.

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About MJ Gleeson

(Get Free Report)

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land. Gleeson Homes is the leading low-cost, affordable housebuilder. Its two-bedroom homes start from circa £100,000. Gleeson's vision is "Building Homes. Changing Lives", prioritising areas where people need affordable housing the most.

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