MJ Gleeson (LON:GLE) Posts Earnings Results

MJ Gleeson (LON:GLE) announced its earnings results on Tuesday. The company reported GBX 4.80 ($0.06) earnings per share for the quarter, Digital Look Earnings reports. MJ Gleeson had a net margin of 5.59% and a return on equity of 6.61%.

MJ Gleeson Stock Performance

LON GLE traded up GBX 9.50 ($0.12) on Thursday, reaching GBX 485.50 ($6.04). The stock had a trading volume of 264,607 shares, compared to its average volume of 76,689. The stock has a market cap of £283.43 million, a P/E ratio of 1,471.21 and a beta of 1.14. MJ Gleeson has a 12-month low of GBX 439.50 ($5.47) and a 12-month high of GBX 654 ($8.14). The business’s 50-day moving average price is GBX 494.54 and its 200 day moving average price is GBX 552.71. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.89 and a current ratio of 5.79.

Insider Transactions at MJ Gleeson

In other MJ Gleeson news, insider Graham Prothero bought 8,020 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was acquired at an average price of GBX 499 ($6.21) per share, for a total transaction of £40,019.80 ($49,813.04). Insiders own 16.85% of the company’s stock.

About MJ Gleeson

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.