MJ Gleeson (LON:GLE) Insider Graham Prothero Purchases 50 Shares

MJ Gleeson plc (LON:GLE) insider Graham Prothero bought 50 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was bought at an average price of GBX 393 per share, with a total value of £196.50.

Graham Prothero also recently made the following trade(s):

• On Wednesday, November 5th, Graham Prothero purchased 57 shares of MJ Gleeson stock. The shares were bought at an average cost of GBX 349 per share, for a total transaction of £198.93.
• On Tuesday, September 16th, Graham Prothero purchased 8,571 shares of MJ Gleeson stock. The stock was bought at an average price of GBX 350 per share, for a total transaction of £29,998.50.

MJ Gleeson Trading Up 1.0%

Shares of LON GLE traded up GBX 4 during trading on Tuesday, hitting GBX 389. 36,674 shares of the company traded hands, compared to its average volume of 144,948. MJ Gleeson plc has a 1 year low of GBX 320 and a 1 year high of GBX 538. The company has a 50-day moving average price of GBX 370.93 and a 200-day moving average price of GBX 374.99. The firm has a market capitalization of £227.07 million, a P/E ratio of 14.35 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 (LON:GLE) last issued its 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%. On average, equities analysts predict that MJ Gleeson plc will post 35.1412429 EPS for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 500 price objective on shares of MJ Gleeson in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, MJ Gleeson has a consensus rating of “Buy” and a consensus target price of GBX 500.

About MJ Gleeson

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.