Insider Buying: MJ Gleeson (LON:GLE) Insider Buys 60 Shares of Stock

MJ Gleeson plc (LON:GLE) insider Graham Prothero acquired 60 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was acquired at an average cost of GBX 331 per share, for a total transaction of £198.60.

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

• On Monday, January 5th, Graham Prothero acquired 46 shares of MJ Gleeson stock. The stock was acquired at an average price of GBX 427 per share, with a total value of £196.42.

MJ Gleeson Price Performance

Shares of GLE traded down GBX 4 during mid-day trading on Friday, hitting GBX 320. 133,178 shares of the company were exchanged, compared to its average volume of 122,386. The company has a debt-to-equity ratio of 7.86, a quick ratio of 0.89 and a current ratio of 3.87. The company has a 50 day moving average of GBX 384.56 and a 200-day moving average of GBX 374.39. The stock has a market cap of £186.80 million, a price-to-earnings ratio of 11.80 and a beta of 0.57. MJ Gleeson plc has a 1-year low of GBX 317.64 and a 1-year high of GBX 538.

MJ Gleeson (LON:GLE) last announced its quarterly earnings results on Thursday, February 12th. The company reported GBX 2.65 earnings per share for the quarter. MJ Gleeson had a net margin of 3.76% and a return on equity of 4.67%. Analysts expect that MJ Gleeson plc will post 35.1412429 EPS for the current fiscal year.

About MJ Gleeson

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.

Gleeson Homes, under the banner of “Building Homes. Changing Lives” builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage.