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

MJ Gleeson plc (LON:GLE) insider Leanne Johnson acquired 50 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were bought at an average price of GBX 393 per share, for a total transaction 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 stock was purchased at an average cost of GBX 349 per share, with a total value of £198.93.
• On Monday, October 6th, Leanne Johnson bought 52 shares of MJ Gleeson stock. The stock was purchased at an average price of GBX 378 per share, for a total transaction of £196.56.

MJ Gleeson Stock Up 1.0%

Shares of LON GLE traded up GBX 4 during mid-day trading on Tuesday, reaching GBX 389. 36,674 shares of the company’s stock traded hands, compared to its average volume of 144,948. The stock has a market cap of £227.07 million, a P/E ratio of 14.35 and a beta of 1.14. The company has a debt-to-equity ratio of 1.70, a current ratio of 5.79 and a quick ratio of 0.89. MJ Gleeson plc has a 1-year low of GBX 320 and a 1-year high of GBX 538. The business has a 50-day simple moving average of GBX 370.93 and a 200 day simple moving average of GBX 374.99.

MJ Gleeson (LON:GLE) last issued its quarterly earnings data 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%. On average, analysts expect that MJ Gleeson plc will post 35.1412429 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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