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

MJ Gleeson plc (LON:GLE) insider Graham Prothero purchased 50 shares of the company’s stock in a transaction on Friday, December 5th. The shares were purchased at an average price of GBX 393 per share, for a total transaction of £196.50.

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

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

MJ Gleeson Stock Performance

Shares of GLE opened at GBX 393 on Thursday. MJ Gleeson plc has a 12-month low of GBX 320 and a 12-month high of GBX 538. The firm has a market cap of £229.41 million, a PE ratio of 14.50 and a beta of 1.14. The company’s 50 day simple moving average is GBX 371.19 and its 200-day simple moving average is GBX 374.34. The company has a current ratio of 5.79, a quick ratio of 0.89 and a debt-to-equity ratio of 1.70.

MJ Gleeson (LON:GLE) last released its quarterly earnings data on Tuesday, September 16th. The company reported GBX 28.88 earnings per share (EPS) for the quarter. MJ Gleeson had a return on equity of 6.60% and a net margin of 5.59%. As a group, equities analysts predict that MJ Gleeson plc will post 35.1412429 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 target price on shares of MJ Gleeson in a report on Wednesday, September 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, MJ Gleeson has an average rating of “Buy” and a consensus price target of GBX 500.

MJ Gleeson Company Profile

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.