Max Steinebach Sells 20,633,680 Shares of Glenveagh Properties (LON:GLV) Stock

Glenveagh Properties PLC (LON:GLV) insider Max Steinebach sold 20,633,680 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of GBX 223, for a total transaction of £46,013,106.40.

Max Steinebach also recently made the following trade(s):

• On Tuesday, September 15th, Max Steinebach sold 276,631 shares of Glenveagh Properties stock. The shares were sold at an average price of GBX 223, for a total value of £616,887.13.

Glenveagh Properties Stock Performance

Shares of LON GLV traded down GBX 0.04 during mid-day trading on Tuesday, hitting GBX 2.30. The company had a trading volume of 132,856 shares, compared to its average volume of 89,065. Glenveagh Properties PLC has a 12 month low of GBX 1.75 and a 12 month high of GBX 2.70. The firm has a market cap of £11.87 million, a P/E ratio of 0.12 and a beta of 0.83. The business’s 50-day simple moving average is GBX 2.44 and its 200-day simple moving average is GBX 2.27. The company has a debt-to-equity ratio of 63.01, a current ratio of 6.08 and a quick ratio of 1.59.

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.