Glenveagh Properties (LON:GLV) Hits New 1-Year High – Should You Buy?

Glenveagh Properties PLC (LON:GLV) hit a new 52-week high during trading on Monday . The company traded as high as GBX 2 and last traded at GBX 1.98, with a volume of 40601 shares traded. The stock had previously closed at GBX 2.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Glenveagh Properties to a “buy” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Glenveagh Properties has a consensus rating of “Buy”.

Glenveagh Properties Stock Down 0.6%

The firm’s fifty day moving average is GBX 1.92 and its 200-day moving average is GBX 1.90. The company has a market capitalization of £10.35 million, a P/E ratio of 0.09 and a beta of 1.15. The company has a debt-to-equity ratio of 17.86, a quick ratio of 1.59 and a current ratio of 6.27.

About Glenveagh Properties

Glenveagh Properties plc, listed on Euronext Dublin and the London Stock Exchange, is a leading Irish
homebuilder.
Supported by innovation and supply chain integration, Glenveagh are committed to opening access to sustainable high-quality homes to as many people as possible in flourishing communities across Ireland. We are focused on three core markets – suburban housing, urban apartments and partnerships with local authorities and state agencies.