Leanne Johnson Acquires 50 Shares of MJ Gleeson (LON:GLE) Stock

MJ Gleeson plc (LON:GLE) insider Leanne Johnson bought 50 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were bought at an average price of GBX 393 per share, with a total value of £196.50.

Leanne Johnson also recently made the following trade(s):

• On Wednesday, November 5th, Leanne Johnson acquired 57 shares of MJ Gleeson stock. The shares were purchased at an average price of GBX 349 per share, for a total transaction of £198.93.
• On Monday, October 6th, Leanne Johnson bought 52 shares of MJ Gleeson stock. The shares were acquired at an average price of GBX 378 per share, for a total transaction of £196.56.

MJ Gleeson Price Performance

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

MJ Gleeson (LON:GLE) last released its earnings results on Tuesday, September 16th. The company reported GBX 28.88 EPS for the quarter. MJ Gleeson had a return on equity of 6.60% and a net margin of 5.59%. Sell-side analysts forecast that MJ Gleeson plc will post 35.1412429 EPS for the current fiscal 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 report on Wednesday, September 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, MJ Gleeson presently has an average rating of “Buy” and a consensus target price 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.